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The Eeconomic Policy of the United States under Donald Trump Presidency: Opportunity or Threat for America at the Time of Globalization

Journal: International Journal of Science and Research (IJSR) (Vol.7, No. 9)

Publication Date:

Authors : ; ; ;

Page : 912-918

Keywords : Protectionism; opportunity; threat; economy; leadership; dominion and global;

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Currently, the economic protectionism is at the heart of the policy of Donald Trump. Why and how this economic policy is an opportunity and a threat for the United States at the time of globalization In short, the opportunity of the economic protectionism for the United States would be justified by the fact that the American economy is facing currently a growth that has reached 4.1 % of GDP annually on one hand and on the other hand, American exports would get an increase of 9.3 % and the growth has reached more than 3 %, also the unemployment rate is at the lower level that is at 4.1 % (2.1 million jobs). Thus, such analysis is inscribed in the new grammar of rivalries it is geo-economy. Therefore, the closing of boarders may turn negatively against America. For, for the same of reciprocity, other States may do the same, which will create a significant decrease of the American exports and will be a burden on the profits of companies, on employment, on the economy of the United States and will in the long or short term reduce the leadership of America at the global scale. Since, China through its strategy to occupy economic spaces in order to conquer the international market may acquire capacities for the global dominion. Because whoever holds vital economic spaces holds the international commerce, he who holds the international commerce holds the wealth of the world, he who holds the wealth of the world holds the world itself.

Last modified: 2021-06-28 19:56:54