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- ISSN: 2010-023X (Print)
- Abbreviated Title: Int. J. Trade, Economics and Financ.
- Frequency: Quaterly
- DOI: 10.18178/IJTEF
- Editor-in-Chief: Prof.Tung-Zong (Donald) Chang
- Managing Editor: Ms. Shira. W. Lu
- Abstracting/ Indexing: Crossref, Electronic Journals Library , EBSCO
- E-mail: ijtef.editorial.office@gmail.com
DOI: 10.18178/ijtef.2022.13.6.746
The Motive, Impact and Influence of the US Trade Policy Uncertainty
Abstract—This paper studies political demands, trade policy
evolution and trade war tactics of Trump administration by
examining the Trade Policy Uncertainty. We find that a series
of seemingly deviant trade policies of the Trump administration
since 2017 were actually seeking re-election through packaging
trade war as protecting the interests of the American working
class. Trump initiated trade war to obtain federal tax revenue in
order to meet his demands of reducing corporate tax,
inheritance tax and promote a series of "small government, big
market" related political ideology. By analyzing the results of a
series of trade policies of the Trump administration, we find
that Trump’s trade war resulted in trade policy backfiring, the
promotion of multipolarity and the accumulation of political
bubbles.
Index Terms—Trade War Tactics, trade policy uncertainty,
trade policy, tax.
Siyu Tang is with Johns Hopkins University, USA (e-mail:
tangsiyu1998@outlook.com).
Haoran Xu is with Syracuse University, USA (e-mail:
haoran.sundevil@gmail.com).
Cite: Siyu Tang and Haoran Xu, "The Motive, Impact and Influence of the US Trade Policy Uncertainty," International Journal of Trade, Economics and Finance vol.13, no.6, pp. 202-211, 2022.
Copyright © 2022 by the authors. This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited (CC BY 4.0).