Understanding the new economic reality of the United States: Donald J. Trump’s economic nationalism

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Abstract

This paper explores America’s fascination with protectionism and economic nationalism, and argues that much of Donald J. Trump’s political-economic vision as 45th president of the United States is intimately tied-up with America’s idea of itself and its role in the world. Rather, as this paper demonstrates, economic-nationalism, in its many forms, is a deeply rooted American political-economic tradition that goes back as far as the nation’s very founding, and, indeed, as such has always been a latent political force in America’s political-culture. From its earliest founding days, protectionism versus free-trade has been a matter that has always bitterly divided America, and as such, economic nationalism, in the form of a threatening exit from the WTO, a possible re-negotiation of NAFTA, and high import tariffs for Mexico and China, although perhaps a dramatic shift after years of free-trade presidents, is nothing new under the American sun.
Original languageEnglish
TypeInternal publication
Media of outputInternal publication (intended as a book-chapter for Rien Seger's publication on new economic realities)
Number of pages20
Publication statusUnpublished - 1 Feb 2017

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Economics
Economic nationalism
Political economics
Free trade
Protectionism
Import tariff
Mexico
Renegotiation
Political culture
Exit
China

Keywords

  • economic and social history
  • international business
  • political history

Cite this

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title = "Understanding the new economic reality of the United States: Donald J. Trump’s economic nationalism",
abstract = "This paper explores America’s fascination with protectionism and economic nationalism, and argues that much of Donald J. Trump’s political-economic vision as 45th president of the United States is intimately tied-up with America’s idea of itself and its role in the world. Rather, as this paper demonstrates, economic-nationalism, in its many forms, is a deeply rooted American political-economic tradition that goes back as far as the nation’s very founding, and, indeed, as such has always been a latent political force in America’s political-culture. From its earliest founding days, protectionism versus free-trade has been a matter that has always bitterly divided America, and as such, economic nationalism, in the form of a threatening exit from the WTO, a possible re-negotiation of NAFTA, and high import tariffs for Mexico and China, although perhaps a dramatic shift after years of free-trade presidents, is nothing new under the American sun.",
keywords = "economie, sociologie, politiek, internationaal zakenleven, geschiedenis, economic and social history, international business, political history",
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Understanding the new economic reality of the United States: Donald J. Trump’s economic nationalism. / Postma, Peter.

20 p. 2017, Internal publication.

Research output: Other contributionOther research output

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AB - This paper explores America’s fascination with protectionism and economic nationalism, and argues that much of Donald J. Trump’s political-economic vision as 45th president of the United States is intimately tied-up with America’s idea of itself and its role in the world. Rather, as this paper demonstrates, economic-nationalism, in its many forms, is a deeply rooted American political-economic tradition that goes back as far as the nation’s very founding, and, indeed, as such has always been a latent political force in America’s political-culture. From its earliest founding days, protectionism versus free-trade has been a matter that has always bitterly divided America, and as such, economic nationalism, in the form of a threatening exit from the WTO, a possible re-negotiation of NAFTA, and high import tariffs for Mexico and China, although perhaps a dramatic shift after years of free-trade presidents, is nothing new under the American sun.

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KW - sociologie

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KW - geschiedenis

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KW - political history

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