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RAS History & PhilologyРусская литература Russian literature

  • ISSN (Print) 0131-6095
  • ISSN (Online) 3034-591X

Slimy swamp of tariff wars

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PII
S207054760008208-5-
DOI
10.18254/S207054760008208-5
Publication type
Article
Status
Published
Authors
Mikhail Portnoy
  • Occupation: Head of Center for International Economic Studies
  • Affiliation: Institute for the U.S. and Canadian Studies, RAS
  • Address: Russian Federation, Moscow
Volume/ Edition
Volume / Issue 4
Pages
0
Abstract

The article is devoted to consider the tariff wars Trump conducts in order to eliminate big trade disbalances between United States and main economic partners of this country. There are estimated the efforts of Trump Administration to decide these problems using tariff wars during the whole period of its authorities. The most important events of U.S. tariff wars with EU, China and other partners are discussed. In contrary it is affirmed that the main reasons of the mentioned disbalances are connected with core globalization processes and modern world division of labor. To comply the challenge of globalization U.S. have to revise its economic strategy. A new paradigm of economic development must be created. The country needs a way of development providing a big potential of labor in cooperation with economic partners. 

Keywords
Trump, U.S., China, EU, NAFTA, Tariff wars
Date of publication
20.12.2019
Year of publication
2019
Number of purchasers
83
Views
2525

References

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