Shifting Sands of U.S. Trade Policy

This chapter examines the Trump administration's 90-day tariff pause and its potential effects on global markets and trade dynamics. It contrasts previous liberal trade approaches with the contemporary protectionist stance, highlighting implications for U.S.-China relations and the global economic landscape. The discussion underscores the historical significance of these shifts and their role in the decline of U.S. hegemony, pointing toward a possible transition to a multipolar world order.