https://www.edwardconard.com/macro-roundup/michaelxpettis-notes-labor-unions-in-the-tradable-sector-are-not-compatible-with-the-current-global-trading-system-higher-wages-make-american-auto-manufactures-less-competitive-with-their-subsidize/
Pettis On American Labor Unions - Edward Conard
Sep 20, 2026 - .@michaelxpettis notes labor unions in the tradable sector are not compatible with the current global trading system of subsidized international competitors
american labor unionsedward conardpettis