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Could it not be the case that the administration will back away from its protectionism if it gets deals it perceives as fair?
Think Britain in the nineteenth century with its protectionism and then, when it suited the country better, free trade.
To many, this decision (which the Europeans claim is against the WTO's rules) sends a dangerous message: sign up for bilateral deals with the world's biggest trader, and you will avoid its protectionism.
The U.S. has been pretty egregious in its protectionism.
The United States has been pretty egregious in its protectionism.
We are taking the hint, especially as there is nothing to be expected from the U.S. regarding its protectionism.
Similar(52)
Each industry it has moved into has been more capital-intensive than the last: from salt, to flour and sugar, then cement and, coming next, a $9 billion move into oil refining.Critics grumble that Dangote owes its profits to protectionism, its dominant market share in the industries it operates in and its founder's ties with Nigeria's political leaders.
Import substitution, with its distortion of domestic investment and its intense protectionism, has at long last fallen out of fashion.
He had to fight his own party and its rooted protectionism.
Of course, Brazil practices its own protectionism in other sectors.
One is isolationism and its evil twin protectionism and its evil triplet nativism.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com