US Trade Policy: Plus Ça Change

Key Points: As a presidential candidate, Joe Biden promised to reverse Donald Trump’s unilateral approach to trade policy, but two and a half years into his presidency, Biden has changed little of his predecessor’s trade regime, instead pursuing a “polite protectionism” that emphasizes social and en...

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Detalles Bibliográficos
Autor principal: Glauber, Joseph W.
Formato: Informe técnico
Lenguaje:Inglés
Publicado: American Enterprise Institute 2023
Materias:
Acceso en línea:https://hdl.handle.net/10568/131129
Descripción
Sumario:Key Points: As a presidential candidate, Joe Biden promised to reverse Donald Trump’s unilateral approach to trade policy, but two and a half years into his presidency, Biden has changed little of his predecessor’s trade regime, instead pursuing a “polite protectionism” that emphasizes social and environmental responsibility. A historical net exporter of agricultural products, the US has generally benefited from a system that recent presidential administrations have undermined by imposing tariffs on trading partners and blocking appointment to the Appellate Body of the World Trade Organization. The Biden administration should make good on its promises to reverse Trump’s protectionism, thereby expanding access to foreign markets for US agricultural producers.