UKTPO Report Outlines Trade Winners & Losers

The video discusses a report from the UK Trade Policy Observatory on the winners and losers of trade within nations, highlighting the need for policymakers to address the negative impacts on certain industries and workers. It explores the decline in manufacturing employment due to various factors, including trade, technology, and productivity changes. The discussion also covers the shift in US trade policy and the challenges the UK faces in negotiating trade deals with the US and EU.

What role does automation and technological advancement play in the future of manufacturing jobs?

What trade-offs must policymakers consider when negotiating trade deals, particularly in relation to the EU and the US?

How might the regulatory differences between the US and EU impact trade negotiations?