New York magazine has a piece that is well worth reading on the one issue where Hillary is busy distancing herself from the record of the Clinton presidency: trade. Free trade always takes a hammering during the Democratic primaries thanks to the influence of the labour unions, but there does seem to be something more going on this cycle with not one candidate prepared to offer even the most hesitant defence of future trade agreements. Indeed considering that America still has a sizable manufacturing base to lose, we can expect little impetus for a new trade agreement from Washington in the next few years.

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