For decades many Americans believed in the benefits of globalized trade, but recently a

backlash has been brewing against globalization.

Critics cite high environmental and climate costs,

job loss, risks to national security,

and most of all, the fact that some places and people

in the United States have gotten the short end of the stick.

A few episodes back, we did a deep dive on international trade.

Today, we're jumping into your feed with an extra episode to take a quick look at two

additional angles in that story. So first we're going to unpack how the

downsides of globalization have led some experts in Washington to seek a new consensus on trade, and America's place in the global economy.

After that, we'll take a look at how state and local governments in the United States are playing an increasingly meaningful

role in global trade and diplomacy with countries around the world

taking note. I'm Gabriel Sierra and this is why it matters. Today, subnational diplomacy and the question of how

to make the global economy work better for everyone. on.

A lot of strength of our economy lies in what we're making and doing in cities, and that is essential to our overall economic strength

and ability to shape world events. To start the episode off we're speaking

with Matthew Goodman.

Matt is the Distinguished Fellow for Global Economic Policy at the Council.

He's also heading up this new project.

It's called Real Econ and we'll talk more about that later.

In the other direction, there's no question that the world has an impact on American cities,

whether it's through trade, where cities and localities are making things or offering things that they need

...