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THE STILLBORN UNITED KINGDOM‒UNITED STATES TRADE AGREEMENT

Sangeeta Khorana and William A. Kerr

World Affairs, 2023, vol. 186, issue 2, 252-283

Abstract: With Brexit done and the desire to alter U.S. trade policy in the wake of the election of President Donald Trump, both British Prime Minister Boris Johnson and President Trump were optimistic that a trade agreement between the United Kingdom and the United States could be swiftly negotiated. This proved not to be the case despite the efforts of both leaders. We use an Open Economy Politics lens to examine the political and economic forces at work in both the United Kingdom and the United States during the tenure of the Trump administration that led to the initiative being stillborn and why the original optimism was misplaced. Con Brexit terminado y el deseo de modificar la política comercial de EE. UU. tras la elección del presidente Donald Trump, tanto el primer ministro Boris Johnson como el presidente Trump se mostraron optimistas de que se podría negociar rápidamente un acuerdo comercial entre el Reino Unido y los Estados Unidos. Este resultó no ser el caso a pesar de los esfuerzos de ambos líderes. Usamos una lente de política de economía abierta para examinar las fuerzas políticas y económicas en el trabajo tanto en el Reino Unido como en los EE. UU. durante el mandato de la administración Trump que llevaron a que la iniciativa naciera muerta y por qué el optimismo original estaba fuera de lugar. 鉴于英国脱欧的完成,以及唐纳德·特朗普当选美国总统后试图改变美国贸易政策的愿望,英国首相鲍里斯·约翰逊和特朗普总统都乐观地认为,英美两国之间的贸易协定能通过谈判迅速达成。尽管两位领导人作出了努力,但事实证明情况并非如此。我们使用开放经济政治(Open Economy Politics)的视角来分析特朗普政府任期内导致该协定夭折的英美政治力量和经济力量,并分析了为何最初的乐观情绪是错误的。

Date: 2023
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https://doi.org/10.1177/00438200231160775

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