What Type of Protectionism Should We Fear?
The new U.S. policy of forging bilateral trade pacts instead of multi-country deals will have wide-ranging impacts.
US President Donald Trump recently signed executive orders to withdraw the US from the Trans-Pacific Partnership (TPP) and renegotiate the North American Free Trade Agreement (NAFTA). Both moves suggest his pre-election rhetoric of criticizing the current international trade regime is being translated into concrete action.
Industry and trade
Last updated: February 2017
The views expressed in these articles are those of the authors and do not necessarily reflect the views of the Asian Development Bank, its management, its Board of Directors, or its members.