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Trump's Trade Policies: A Second Term Analysis
Analysis of potential economic consequences of a second Trump presidency, focusing on trade relations with major global partners and the use of tariffs.
French
France
PoliticsInternational RelationsUs PoliticsTradeGlobal EconomyTariffs
Peterson Institute For International EconomicsWorld Trade Organization (Wto)Apple
Donald TrumpMarcus Noland
- How could Trump's policies impact US relations with Mexico?
- The US and Mexico's intertwined economies necessitate cooperation despite Trump's threats of tariffs and deportation policies, which could harm both nations' economies and cause social upheaval in Mexico.
- What is the likely future of the USMCA under a potential Trump presidency?
- Renegotiation of the USMCA in 2026 may see Trump utilize tariffs to pressure Canada and Mexico into accepting his demands, resulting in a revised agreement with both positive and negative elements.
- What could be the effects of Trump's policies on Southeast Asia and Africa?
- Southeast Asia could benefit from shifting Chinese production, but Trump may impose measures to counter this "tariff evasion", while a weakened Chinese economy would negatively affect the region.
- How might China's response to Trump's economic policies differ this time around?
- China's response to Trump's tariffs could be more aggressive this time, potentially including asymmetric retaliation targeting American companies operating within China.
- What are the potential implications of Donald Trump's planned tariffs on the US relationship with the European Union?
- Trump's potential tariffs on EU imports could negatively impact the US and global economies, violating WTO obligations. He may use them to pressure the EU for concessions on issues like steel, automobiles, and tech regulations.