The Dangers of Trump’s Unilateralist International Economic Policies

10 Pages Posted: 22 Dec 2018

See all articles by Jeffrey D. Sachs

Jeffrey D. Sachs

Columbia University - Columbia Earth Institute; National Bureau of Economic Research (NBER)

Date Written: December 19, 2018

Abstract

Donald Trump’s international economic policies aim to preserve America’s primacy in the face of China’s surging economic development. Trump’s policies are based on a zero-sum vision in which China’s economic gains are America’s losses. The resulting U.S. policies—in the areas of international trade, corporate taxation, technology competition, sanctions, and energy supplies—threaten to undermine the global economy with no realistic prospect of preserving America’s economic and technological dominance.

Suggested Citation

Sachs, Jeffrey D., The Dangers of Trump’s Unilateralist International Economic Policies (December 19, 2018). Capitalism and Society: Vol. 13: Iss. 2, Article 6, Available at SSRN: https://ssrn.com/abstract=3305388

Jeffrey D. Sachs (Contact Author)

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