Trump's
protectionist trade approach is continuing to serve against U.S. strategic interests in East Asia.
Not exact matches
He described a plan that stitches together mostly traditional, supply - side prescriptions — cutting the top individual tax rate to 33 % and the corporate rate to 15 %, ending the estate tax, and imposing a moratorium on new regulation — with his
protectionist approach to
trade that's had business howling.
Trump's
protectionist approach has previously diminished European efforts to reach a
trade deal with the U.S.
On Tuesday, supporters of Mr. Trump's
protectionist approach to
trade cheered the new pact as a victory for American workers and the dawn of a new era in globalization.
While Lighthizer is unabashedly
protectionist on his
approach to
trade, many
trade industry experts, including those who know him personally, have said Lighthizer could be the force needed to temper Trump's aggressive «America First» policies.
It is in a fortunate position compared to other countries in that NAFTA over the past 20 years has created synergistic comparative advantages that make dramatic revision of NAFTA or
protectionist approaches to U.S. - Canada
trade counterproductive at a macro level.
Ultimately, we see a bifurcation of strategies to mitigate an increasingly
protectionist trade agenda in the U.S. — the China
approach, which focuses on developing countries and developing new markets through the BRI, and the «rest» that seek to participate in open intra - and inter-regional
trade agreements that are a mixture of 21st century
trade rules that leave the doors open for U.S. participation, even if that means renegotiation or modification of agreed - upon rules.
United States President Donald Trump's more restrictive and
protectionist approach to
trade does» not bode positively» for New Zealand's agricultural exporters.
A
protectionist approach holds that regulating international
trade is necessary to protect jobs in domestic industries, bolster national security or retaliate against unfair practices of
trading partners.