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US international economic policy in the Trump administration

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  • Noland, Marcus

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.

Suggested Citation

  • Noland, Marcus, 2018. "US international economic policy in the Trump administration," MPRA Paper 84435, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:84435
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    File URL: https://mpra.ub.uni-muenchen.de/84435/1/MPRA_paper_84435.pdf
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    References listed on IDEAS

    as
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    Cited by:

    1. Takatoshi Ito, 2018. "Changing International Financial Architecture: Growing Chinese Influence?," Asian Economic Policy Review, Japan Center for Economic Research, vol. 13(2), pages 192-214, July.

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    More about this item

    Keywords

    United States; Donald Trump; international trade; trade policy; trade war;
    All these keywords.

    JEL classification:

    • C54 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Quantitative Policy Modeling
    • F1 - International Economics - - Trade
    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations

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