There are two Midwests now. While the nation was focused on this old Midwest, the new Midwest has taken shape. It’s a Midwest that lives on brains, not brawn. It produces ideas and services, not ingots and autos.
Today the Midwest is neither an economic monolith nor, despite lingering popular misconceptions, a “Rust Belt.” As the region's capital, Chicago can and should be at the center of a great reimagining of the heartland's economy.
Overshadowed by global trade conflicts, the pending EU-Mercosur trade pact underlines the shifting global trade landscape away from a US-led international trade order.