Image courtesy of The White House/Flickr.
This article was originally published by the Elcano Royal Institute on 10 April 2018.
An open multilateral trade system is under direct challenge from the policies of President Donald Trump. The year 2018 will be crucial.
This paper reviews US trade policy one year on after the election of Donald Trump. It demonstrates that after a year of exacerbating transactionalist and protectionist rhetoric we are now in a position to observe the direction policy is taking in practice. Sadly, it is becoming clear that practice is indeed matching rhetoric. The evidence is gathering. Commencing with withdrawal from the TPP, policy has hardened towards an open multilateral system. The year 2018 has seen attacks on the WTO (stopping appointments to the Appellate Board), followed by moves to introduce tariffs on white goods, aluminium and steel and a strategy for direct activity towards China. The year will also see a hard line towards NAFTA re-negotiations. The prospects of enhanced trade tension –trade war, even– is the obvious next stage flowing from Trump’s policy. Major players are likely to retaliate.
This graphic maps the great power and regional challengers to the US as well as key geopolitical hotspots of concern to Washington. For more on the domestic and international constraints threatening the US’ global leadership role, see Jack Thompson’s chapter for Strategic Trends 2018 here. For more CSS charts, maps and graphics on defense policy, click here.
This article was published by the Lowy Institute on 29 March 2018.
America’s leadership in the Asia Pacific was founded in the ashes of Hiroshima and Nagasaki, and on its status as the first atomic power. Nuclear weapons thereafter defined Asian geopolitics. Today, on the Korean Peninsula, nuclear technology is again set to feature in a dramatic shift in Asia’s power balance. With a summit meeting between President Trump and North Korean leader Kim Jong Un now in prospect, future historians may come to see North Korea’s nuclear-armed ballistic missiles as the trigger that unravels America’s strategic leadership of Asia.
This graphic maps the various landing stations of submarine cables in both the US and China. To find out about cybersecurity in Sino-American relations, see Marie Baezner’s recent addition to the CSS’ Analyses in Security Policy series here. For more CSS charts and graphs on defense policy, click here.
This graphic provides an overview of estimated global nuclear warhead inventories from 1945 to 2017. To find out about the Trump administration’s ‘Nuclear Posture Review’ and what it means for US nuclear policy, see Oliver Thränert ‘s recent addition to the CSS’ Analyses in Security Policy series here. For more CSS charts and graphs on proliferation, click here.