April 18, 2017 | Working Paper
  • Type of publication: Working Paper
  • Research or In The Media: Research
  • Research Area: Finance, Jobs & Macroeconomics
  • Publication Date: 2017-04-18
  • View pdf
  • Authors:
    • Add Authors: Thomas I. Palley
  • Show in Front Page Modules: Yes

Abstract

This paper explores the likely contours of Trump’s international economic policy. A key element of Trump’s political success has been his masquerade of being pro-worker, which includes being anti-globalization. However, his true economic interest is the exact opposite. That creates conflict between Trump’s political and economic interests. Understanding the calculus of that conflict is critical for understanding Trump’s international economic policy. Trump will strongly criticize globalization but the bark will be worse than the bite because globalization has increased corporate profits. Trump also expresses neocon unilateralist tendencies that are not a one-off temporary political aberration. Instead, they reflect intrinsic and enduring features of the current US polity. That has profound implications for the international relations order, and is something foreign governments may not yet have digested.

umass logo

This is an official web page
of the University of Massachusetts.

Political Economy Research Institute

Gordon Hall, 418 N. Pleasant St., Suite A

Amherst, MA 01002
Tel: 413-545-6355 Fax: 413-577-0261
Contact: