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US Trade Policy in the Trump Administration

Author

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  • Marcus Noland

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

  • Marcus Noland, 2018. "US Trade Policy in the Trump Administration," Asian Economic Policy Review, Japan Center for Economic Research, vol. 13(2), pages 262-278, July.
    • Handle: RePEc:bla:asiapr:v:13:y:2018:i:2:p:262-278
    DOI: 10.1111/aepr.12226
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    References listed on IDEAS

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    Cited by:

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    2. Jingjing Lyu & Bernd Süssmuth, 2024. "Global Linkages across Sectors and Frequency Bands: A Band Spectral Panel Regression Approach," CESifo Working Paper Series 10970, CESifo.
    3. Riccardo Fiorentini, 2020. "The Persisting US Trade Deficit: Is Protectionistm the Right Answer?," Economia Internazionale / International Economics, Camera di Commercio Industria Artigianato Agricoltura di Genova, vol. 73(2), pages 155-186.
    4. Takatoshi Ito & Kazumasa Iwata & Colin McKenzie & Shujiro Urata, 2018. "Changing Global Financial and Trading Systems and Asia: Editors’ Overview," Asian Economic Policy Review, Japan Center for Economic Research, vol. 13(2), pages 177-191, July.
    5. Jingjing Lyu & Bernd Süssmuth, 2025. "Global linkages across sectors and frequency bands: a band spectral panel regression approach," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 161(4), pages 1421-1462, November.
    6. Weersink, Alfons & von Massow, Mike & Bannon, Nicholas & Ifft, Jennifer & Maples, Josh & McEwan, Ken & McKendree, Melissa G.S. & Nicholson, Charles & Novakovic, Andrew & Rangarajan, Anusuya & Richards, 2021. "COVID-19 and the agri-food system in the United States and Canada," Agricultural Systems, Elsevier, vol. 188(C).
    7. Takatoshi Ito & Kazumasa Iwata & Colin McKenzie & Shujiro Urata, 2020. "Trade Wars: Editors' Overview," Asian Economic Policy Review, Japan Center for Economic Research, vol. 15(1), pages 1-30, January.
    8. Nadia Zahoor & Jie Wu & Huda Khan & Zaheer Khan, 2023. "De-globalization, International Trade Protectionism, and the Reconfigurations of Global Value Chains," Management International Review, Springer, vol. 63(5), pages 823-859, October.
    9. Ken Itakura, 2020. "Evaluating the Impact of the US–China Trade War," Asian Economic Policy Review, Japan Center for Economic Research, vol. 15(1), pages 77-93, January.
    10. Schmid Marc, 2019. "Kritische Rohstoffe – Die Achillesverse der USA im Wettstreit mit China," Zeitschrift für Wirtschaftspolitik, De Gruyter, vol. 68(3), pages 309-330, December.

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