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The Trump Administration's Trade Sovereigntism

Thu, August 31, 1:30 to 2:00pm PDT (1:30 to 2:00pm PDT), LACC, West Hall A

Abstract

The paper provides a broad analysis of the Trump administration's trade policy, identifying a consistent pattern (or theme) of trade sovereignty by examining specific policy actions. Trump's approach to commercial policy represents a deviation from previous U.S. policy, featuring economic nationalism, transactional protectionism, and a rejection of binding dispute settlement mechanisms. The paper analyzes the specifics (KORUS, TPP, WTO, USMCA, China, etc.) in the context of a broader ideational vision of trade policy sovereignty, contrasting with previous presidential administrations--and also with what had been Republican party trade orthodoxy. As a whole, the administration's trade policy seems to have been primarily driven not by material interests or (re)electoral advantage--as the bulk of the academic literature would predict--but by an ideological commitment to maintaining U.S. sovereignty.

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