• The False Promise of Protectionism

    7 days ago - By Foreign Affairs

    In his inaugural address, U.S. President Donald Trump pledged that economic nationalism would be the hallmark of his trade policy. “We must protect our borders from the ravages of other countries making our products, stealing our companies, and destroying our jobs,” he said. Within days, he withdrew the United States from the Trans-Pacific Partnership , announced that he would renegotiate the North American Free Trade Agreement , and threatened to impose a special tax on U.S. companies that move their factories abroad.
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