Dean Baker is co-director of the Center for Economic and Policy Research in Washington and the author of "Getting Back to Full Employment: A Better bargain for Working People," and "The End of Loser Liberalism: Making Markets Progressive." The views expressed are his own.
(CNN)Republican presidential nominee Donald Trump gave his first major economic address on Monday. Most of the speech was devoted to putting forward a more or less standard set of Republican policies -- Trump promised large tax cuts that would primarily benefit higher-income taxpayers, ending the Affordable Care Act and curtailing government regulation. But he also broke with Republican orthodoxy, rejecting the Trans-Pacific Partnership, proposing renegotiating NAFTA, and vowing to take a firmer stance on currency management and other issues with our trading partners.