Knowledge Tree
Relations (1)
cross_type 2.32 — strongly supporting 18 facts
The U.S. is directly linked to trade policy as it is a primary actor in shaping and implementing these policies for economic, security, and foreign policy objectives, as evidenced by [1], [2], and [3]. Furthermore, the U.S. trade policy is a central factor in international economic relations, specifically regarding its impact on the European Union and China, as described in [4].
Facts (18)
Sources
Strategic Rivalry between United States and China swp-berlin.org 3 facts
claimBoth the United States and China are currently instrumentalizing trade policy for technology competition, foreign policy, and security purposes.
claimEconomic competition and conflicts over trade, economic, and financial policy between the United States and China predate the protectionist course adopted by the United States under President Donald Trump.
claimBoth the United States and China utilize trade policy as an instrument for technology competition, foreign policy, and security purposes.
What is Trump's 'America First' trade policy agenda? | Brookings brookings.edu 3 facts
referenceFor much of the postwar period, United States trade policy operated within a multilateral, rules-based framework designed to reduce conflict and discourage retaliatory trade behavior while allowing market forces to allocate economic activity across countries.
perspectiveThe primary significance of the current shift in US trade policy is a redefinition of the role trade policy plays in economic and national security strategy, rather than the specific increase in tariffs.
claimThe 'America First Trade Policy' memorandum, issued on the first day of President Trump’s second term, signaled a decisive break from the assumptions and constraints that had defined United States trade policy for generations.
U.S. tariff outcomes dependent on trading partner responses dallasfed.org 2 facts
claimThe role of tariffs in United States trade and re-industrialization policy is contingent on broader structural shifts, including uneven sectoral productivity growth and evolving consumption patterns.
accountAs the United States manufacturing sector grew and sought new markets to leverage economies of scale, American trade policy shifted from keeping foreign competition out to opening access to foreign markets for domestic manufacturers to foster trade reciprocity.
Transatlantic Trade, the Trump Disruption and the World ... - ECPS populismstudies.org 2 facts
The Tariff Tug-of-War: A Look at Protectionism and Free Trade Over ... wita.org 1 fact
claimThe Trump Administration's tariff policies marked a departure from decades of United States trade policy that had focused on lowering barriers and encouraging global commerce following World War II.
World Trade Without the US | Cato Institute cato.org 1 fact
perspectiveThe author advises other WTO members to stop waiting for the United States to resolve its domestic trade policy quandary and instead proceed with new WTO rulemaking on their own.
Why the US and the WTO should part ways - CEPR cepr.org 1 fact
referenceDestler (2005) and Mutz (2021) provided evidence that a bipartisan consensus exists in the US supporting the idea that US trade policies should not be restrained by international agreements.
Geopolitics of Trump Tariffs: How U.S. Trade Policy Has Shaken Allies cfr.org 1 fact
claimUnited States trade policy could jeopardize defense and intelligence relationships with allied nations.
Quest for Strategic Autonomy? Europe Grapples with the US - China ... realinstitutoelcano.org 1 fact
claimIf Donald Trump's trade policies reduce the European Union's trade surplus with the United States, the European Union may lose its economic cushion, potentially exacerbating tensions with China unless Beijing adopts a more open trade stance.
New research examines the historical macroeconomic effects of ... equitablegrowth.org 1 fact
claimU.S. policymakers have revised tariff and trade policies dozens of times since the mid-19th century, motivated by economic pressures to raise federal revenues, address balance-of-payment issues, or ideological support for protectionism or open trade.
Can the U.S. Move from Multilateral to Bilateral Trade Agreements? southernagtoday.org 1 fact
claimThe current U.S. administration is shifting its trade policy strategy from multilateral negotiations to bilateral trade negotiations, utilizing tariffs and the size of the U.S. economy as leverage.
Policy Paper: Decoding the United States on Tariffs and Trade freiheit.org 1 fact
perspectiveUnited States trade and economic policies justified by arguments regarding China risk being hypocritical, hollow, hypersensitive, and ineffectual because there is no singular definition of either China or America.