Tony Webster @ Flickr.com Tony Webster @ Flickr.com

The Global Impact of a Protectionist US Trade Policy
What can theory tell us about how Trump's trade policy might affect the world economy?


Since the election of Donald Trump, there has been a growing danger that U.S. trade policy increasingly relies on protectionist measures. The aim of this policy is to secure jobs and income in its own country. In reality, however, protectionist measures mean that the weakening of international trade triggered by the U.S. is leading to a loss of income worldwide, especially in the U.S. More ...

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