• 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
IJTEF 2022 Vol.13(6): 202-211 ISSN: 2010-023X
DOI: 10.18178/ijtef.2022.13.6.746

The Motive, Impact and Influence of the US Trade Policy Uncertainty

Siyu Tang and Haoran Xu

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).

Copyright © 2008-2024. International Journal of Trade, Economics and Finance. All rights reserved.
E-mail: ijtef.editorial.office@gmail.com