Protectionist USUnited States Policy and Expansionary Fiscal Policy: Ongoing Contradictions

Paul Welfens

Chapter 3 in The Global Trump, 2019, pp 101-138 from Springer

Abstract: Abstract This chapter considers the development of US trade policy and fiscal policy under the Trump Administration. Several inconsistencies are identified and the medium-term challenges which can be expected are identified. Since the US is a big economy, Washington’s protectionist tariff policy and inconsistent fiscal policy are shown to have direct negative medium-term effects on the US as well as negative effects on Europe and Asia/China. This US populist policy approach in turn will cause new conflicts and problems.

Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-030-21784-6_3

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DOI: 10.1007/978-3-030-21784-6_3

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