protectionism
-Mobile
FREE NEWS LINKS
HOME
SEARCH
Updates & changes ongoing ....
----
Although this site is https-secure, we cannot guarantee that it or any
provided links are safe; be sure your antivirus and other security systems are
up to date.
Also see:
Tariffs; trade war;
Jump to:
2018; 2019;
Undated:
Protectionism is the
economic policy of restricting imports from other countries through methods
such as tariffs
on imported goods,
import
quotas, and a variety of other government regulations. Proponents claim that
protectionist policies shield the producers, businesses, and workers of the
import-competing sector in the country from foreign competitors. However,
they also reduce
trade and adversely affect consumers in general (by raising the cost of
imported goods), and harm the producers and workers in export sectors, both in
the country implementing protectionist policies, and in the countries protected
against.
There is a consensus among economists that protectionism has a negative effect
on economic growth and economic welfare,[1][2][3][4]
while free
trade,
deregulation, and the reduction of
trade barriers has a significantly positive effect on
economic growth.[2][5][6][7][8][9]
Some scholars have implicated protectionism as the cause of some economic
crises, most notably the
Great Depression.[10]
However,
trade liberalization can sometimes result in large and unequally distributed
losses and gains, and can, in the
short run, cause significant economic dislocation of workers in
import-competing sectors.[11]
https://en.wikipedia.org/wiki/Protectionism
Undated:
Protectionism in the United States is
protectionist
economic policy that erected tariff and other barriers to trade with other
nations. This policy was most prevalent in the 19th century. It attempted to
restrain imports to protect
Northern industries. It was opposed by
Southern states that wanted free trade to expand cotton and other
agricultural exports. Protectionist measures included
tariffs and
quotas
on imported goods, along with
subsidies and other means, to ensure fair competition between
imported goods
and local goods. In today's age the US is still highly protectionist, according
to Global Trade Alert the US has adopted over 1000 protectionist measures since
the
Global Economic Crisis in 2008, more than any other country since.[1][2]
https://en.wikipedia.org/wiki/Protectionism_in_the_United_States
-- 2018 --
June 2:
Why Trump’s protectionism is futile
... Mr. Trump “comes from the casino industry, the real-estate industry, where
you either get the project or not; you either win against the house or you lose
against the house.” He fails to see that in international trade, imbalances
“aren’t an indication that one country is beating another, or that one is
‘winning’ and the other’s ‘losing.’ ” Mr. Trump’s rhetoric and vocabulary are
“not the way economists think about trade at all.”
http://www.aei.org/publication/why-trumps-protectionism-is-futile/
June 6:
How we can learn from the history of protectionism
Donald Trump's belief that ‘protection will bring prosperity’ goes against all
prevailing wisdom among economists, so will his crusade do real harm to the
world's economies?
https://www.independent.co.uk/news/long_reads/protectionism-history-how-learn-trump-trade-tariff-law-smoot-hawley-a8384216.html
June 11:
Is President Trump's Protectionism A Savvy Negotiating Ploy?
https://www.forbes.com/sites/phillevy/2018/06/11/is-the-presidents-protectionism-a-savvy-negotiating-ploy/#6ed5574a47b5
July 3:
Is Trump's Protectionism The Death Knell For Global Free Trade?
https://www.investors.com/politics/editorials/trump-tariffs-free-trade/
July 10:
Trump’s Protectionist Threat to Latin America
The economic impacts of Donald Trump’s trade dispute with China have so far been
limited, but the countries of Latin America are nonetheless paying an early
price. For a region where many economies are already constrained by weakened
fiscal positions, the additional uncertainty caused by rising protectionism is
especially unwelcome.
https://www.cgdev.org/publication/trumps-protectionist-threat-latin-america
July 11:
Trump is ‘dead serious about protectionism and tariffs,’ says analyst
https://www.cnbc.com/2018/07/11/trump-is-dead-serious-about-protectionism-and-tariffs-says-analyst.html
July 26:
Trade wars, Trump tariffs and protectionism explained
https://www.bbc.com/news/world-43512098
-- 2019 --
March 12:
French Labor Minister
Muriel Penicaud on Tuesday accused the Trump administration of pursuing
protectionist policies that could be sign of possible conflicts on the horizon.
“I understand the point short-term but for the long term … We don’t think that
protectionism is a policy,” Penicaud told the Washington Examiner.
“Protectionism goes very quickly with nationalism, and that can go with conflict
too.”
She spoke just as the Trump administration and European Union leaders are making
preparations to begin talks later this year for a new trade deal.
https://www.washingtonexaminer.com/policy/economy/french-minister-accuses-trump-administration-of-protectionism
Webpage visitor counts provided
by
copyr 2018 trump-news-history.com, Minneapolis, MN