INSIGHT

What Type of Protectionism Should We Fear?

Factory of Inner Mongolia Yili Industrial Group Co., Ltd. - the largest dairy products manufacturer in China. Photo credit: ADB.
Factory of Inner Mongolia Yili Industrial Group Co., Ltd. - the largest dairy products manufacturer in China. Photo credit: ADB.

The new U.S. policy of forging bilateral trade pacts instead of multi-country deals will have wide-ranging impacts.

Introduction

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.


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Meet the expert

  • Jong Woo Kang   
    Principal Economist at the Economic Research and Regional Cooperation Department of the Asian Development Bank

    Jong Woo is a seasoned economist with extensive knowledge and experience on policy and strategic issues. He leads the publication of Asian Economic Integration Report. Jong Woo’s areas of research interest include regional integration, inclusive growth, macroeconomic and trade policies, and aid effectiveness.

   Industry and trade
   Last updated: February 2017

 




Disclaimer

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.




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