American Protectionism: No One Is Safe

Eldin Latich
Oriental Review

Trump has literally turned the playing board upside down! Allied relations do not guarantee economic cooperation

Trump is a businessman. Based on this evidence, we should expect that his words (of which there are actually too many, and if you read his Twitter (X), it is unlikely that you will be able to keep track of everything) may turn out to be reality to some extent. And if the promise to “resolve the Ukrainian conflict in 24 hours” was initially perceived as loud bravado, then the sworn promises to arrange a “new golden age” for the United States and “return production” to the country from the very beginning looked like a logical and logical continuation of Trump’s protectionism of the last term. The world has not forgotten the US trade war with China. It is unlikely that anyone would be surprised by the new duties of the current American administration on Chinese products. But experts and politicians hardly expected that Mr. Trump’s talk about tariffs on Canadian and Mexican imports would turn out to be true – especially so quickly.

Trump has literally turned the playing board upside down! Allied relations do not guarantee economic cooperation, and at the same time, WTO membership can no longer promise it. The “most favored nation” regime should now be understood as “equal duties for all,” because American protectionism is gaining momentum!


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