US international economic policy in the Trump administration
Marcus Noland
MPRA Paper from University Library of Munich, Germany
Abstract:
President Donald Trump has emphasized three recurring themes regarding trade policy: the importance of trade balances, including bilateral trade balances, currency manipulation to gain unfair advantage in trade, and “disastrous” trade agreements. Asia figures prominently in these concerns. Trump withdrew the United States from the Trans-Pacific Partnership, is increasing contingent or process protection, demanding the renegotiation under duress of the North American Free Trade Agreement and the Korea-United States Free Trade Agreement. These policies are modeled quantitatively and results generated for sectoral output and employment at the state and metropolitan area level.
Keywords: United States; Donald Trump; international trade; trade policy; trade war (search for similar items in EconPapers)
JEL-codes: C54 F1 F13 (search for similar items in EconPapers)
Date: 2018-01
New Economics Papers: this item is included in nep-int
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Citations: View citations in EconPapers (1)
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:84435
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