Protectionism in U.S. Trade Policy
Protectionism in U.S. Trade Policy

Author(s): Marek Wąsiński, Damian Wnukowski
Subject(s): Supranational / Global Economy, Governance, Economic policy, International relations/trade
Published by: PISM Polski Instytut Spraw Międzynarodowych
Keywords: United States; trade policy; protectionism in trade policy; trade agreements with Canada and Mexico; Trump administration; trade deficit;
Summary/Abstract: The U.S. administration under President Donald Trump has completed the renegotiation of the trade agreement with Mexico and Canada. At the same time, it has escalated the tariffs battle with another important partner—China. The strategy of concluding new deals under the pressure of protectionist measures is meant to maximise the benefits for the U.S. at the expense of its partners. The Trump administration has been successfully implementing this policy, but in the long term, the trade conflict may hinder American enterprises, including those in the agricultural sector, and increase the trade deficit, in effect contributing to the decline of support for the Republicans and the president.

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