Trump’s Trade Policy: Protectionism Bluster

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Series Details No.95, October 2017
Publication Date 09/10/2017
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The Polish Institute of International Affairs is an analytical institution established by an act of Parliament in 1996 to carry out research and provide expertise in international affairs. PISM disseminates information on contemporary international issues and maintains contacts with academic and political centres in Poland and abroad. The Institute runs courses for public servants, maintains a library (open to the public; 165,000 books and journals), organises conferences, and publishes books, periodicals and documents on Polish foreign policy and international matters.

The funding for PISM comes from the budget. The director is appointed by the prime minister for a term of five years, following consultation with the minister of foreign affairs. The minister supervises the Institute and appoints its advisory council, which includes a representative of the President of the Republic of Poland, academics and officials.The Trump administration’s trade policy was mostly bluster. The declarations of withdrawal from international agreements or threats to introduce protectionist measures were meant to serve the U.S. president to achieve economic and political benefits. However, these threats were voiced too often, had become unreliable, and had had only limited effect. While America’s partners need to be prepared in case Trump’s declarations are enacted, the stability of the U.S. economy, the strength of its alliances, and pressure from business and politicians—including Republicans—reduced the likelihood they will be pursued.

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Related Links
Trump Trade: More Bark than Bite? (Jacques Delors Institute [Notre Europe]: Policy Paper No.193 (21.04.17))
World trade and Trump (EUISS Brief No.7, March 2017)
Chatham House: Research Paper, November 2017: Trade Policy Under President Trump: Implications for the US and the World

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