Trump’s New Trade Tariffs: A Response to Voters’ Demands?

President Trump has dramatically changed U.S. trade policy through the adoption of steep tariffs. We argue in this article that even when there are significant geopolitical reasons, Trump’s actions on trade are a response to internal demands resonant with a long history of protectionism. We provide...

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Veröffentlicht in:	The American journal of economics and sociology 2020-01, Vol.79 (1), p.245-263
Hauptverfasser:	Bartesaghi, Ignacio, Melgar, Natalia
Format:	Artikel
Sprache:	eng
Schlagworte:	Business & Economics Economics Educational attainment Geopolitics Presidents Protectionism Social Sciences Sociology Tariffs Trade Trade policy
Online-Zugang:	Volltext
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Beschreibung
Zusammenfassung:	President Trump has dramatically changed U.S. trade policy through the adoption of steep tariffs. We argue in this article that even when there are significant geopolitical reasons, Trump’s actions on trade are a response to internal demands resonant with a long history of protectionism. We provide clear evidence of the impacts of social demographics on U.S. trade policy and show that individuals from capital‐intense regions with high educational attainment tend to support protectionism.
ISSN:	0002-9246 1536-7150
DOI:	10.1111/ajes.12314