
The Oval Office Desk and the Paradoxes of Trump’s Protectionism
In a remake of a film already seen in 2018, President Donald Trump has resumed imposing or threatening to impose tariffs on imports from the United States’ main trading partners. Now, as then, the rationale behind this escalation is twofold. On the one hand, an administration led by a “deal-maker” believes that all trade agreements signed by previous administrations (including his own, as in the case of the 2020 agreement with Canada and Mexico) are, if not disastrous, at least unambitious and therefore need to be renegotiated – preferably through pressure or threats. On the other hand, ...