Yale's Roach Says U.S. Approach to Trade Is a 'Fools Game'

The video discusses the evolution of trade wars, focusing on the US's trade deficits with numerous countries, particularly China. It highlights the historical context of trade practices, including mercantilism, and examines the economic and societal impacts of trade imbalances. The discussion underscores the complexity of addressing trade issues on a country-by-country basis and the need to understand the underlying causes of trade deficits.

In what ways does the speaker suggest that trade impacts jobs and society?

What is the speaker's perspective on the current trade problems faced by the United States?