Introduction
The Origins of US Protectionism after World War II
Defining America First and Trade Policy under Trump
The Cases of Protectionism: The Actions Trump Has Taken So Far on Trade
Conclusion: The Consequences of Protectionist Policies
Notes
References
Since the end of World War II, the United States has played a leading role in shaping the global economic system. While US influence has waned with the reconstruction of Europe and the rise of China, it has remained the leading power in the international system. The election of Donald Trump, however, represents a significant shift in US trade policy. In its first days the Trump administration withdrew from the Trans-Pacific Partnership and has since taken specific steps to renegotiate trade agreements and protect US industries. Politicizing the importance to reduce bilateral US trade deficits and to bring manufacturing jobs back home, the Trump administration has also utilized trade remedies in addition to the seldom-used safeguards to advance its “America First” economic agenda. Although trade remedy actions―the imposition of antidumping and countervailing duty based on the US Trade Act of 1974―have been critical instruments for US trade, prioritizing trade deficit reduction in US trade policy has the potential to erode the underlying international system and exacerbate rather than resolve the tensions that have spurred nationalistic economic movements. Against this backdrop, in this article we explore the implications of an abrogation of US global economic leadership for the international trading system and US influence more broadly. We also consider the implications for East Asia and the global economy as a whole as China, the European Union, and Japan take on larger leadership roles within the global trading system.
UCI(KEPA)
I410-ECN-0102-2021-300-000354597
간행물정보
: 사회과학분야 > 정치/외교학
: KCI등재
: SSCI,SCOPUS
: 계간
: 0258-9184
: 2288-2871
: 학술지
: 연속간행물
: 1977-2019
: 1064
저작권 안내
한국학술정보㈜의 모든 학술 자료는 각 학회 및 기관과 저작권 계약을 통해 제공하고 있습니다.
이에 본 자료를 상업적 이용, 무단 배포 등 불법적으로 이용할 시에는 저작권법 및 관계법령에 따른 책임을 질 수 있습니다.
개인회원가입으로 더욱 편리하게 이용하세요.
아이디/비밀번호를 잊으셨나요?