Global trade trends to watch | Hinrich Foundation

Modern trade policies are intricately intertwined with national security issues, geopolitics, and economic growth, says Deborah Elms, Head of Trade Policy at the Hinrich Foundation.
An increasingly protectionist environment in the US reflects its diminishing faith in global trade. Tariffs, sanctions under Section 301, and trade barriers on the grounds of national security have all gained momentum since Trump’s presidency. Hinrich Foundation Trade Policy Head Deborah Elms compared Trump’s trade policies with those of Biden, asserting that regardless of the outcome of upcoming presidential elections, the US is likely to maintain a protectionist stance. Meanwhile, Asia is experiencing deeper economic integration, driven by a rise in free trade agreements in the region. She also discussed the potential implications of a second Trump administration for the region.
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