The Dangers of Trump’s Unilateralist International Economic Policies

By Jeffrey D. Sachs

Abstract

Donald Trump’s international economic policies aim to preserve America’s primacy in the face of China’s surging economic development. Trump’s policies are based on a zero-sum vision in which China’s economic gains are America’s losses. The resulting U.S. policies—in the areas of international trade, corporate taxation, technology competition, sanctions, and energy supplies—threaten to undermine the global economy with no realistic prospect of preserving America’s economic and technological dominance.

https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3305388

Read more