Words Carry Weight, Says JPMorgan’s Frenkel on Trade

The video discusses the implications of US trade policies, focusing on protectionism and its potential global impact. It highlights the importance of economic growth, innovation, and open markets, while warning against trade wars. The discussion includes the need for policy solutions and education to address the challenges posed by technological change and trade, emphasizing the importance of moderate and sensible views in shaping future trade policies.

What is the significance of the IMF's revised forecasts mentioned in the text?

What actions does the speaker suggest to address the challenges posed by technological change and trade?