United States | Policy brief

What America’s presidential election means for world trade

The first in a series of eight concise briefs on the consequences of the 2024 election

Illustration of a blue boat with containers on it, sailing a red sea.
Illustration: Ben Hickey
|WASHINGTON, DC

In the 1990s presidential hopefuls fought over how much America should open itself up to commerce with other countries. Nowadays, the trade debate revolves around how much America should close itself off. Donald Trump is the more radical of the two candidates, with a vision for tariffs that would turn the clock back nearly a century on economic strategy. Kamala Harris is less extreme but still sees a world in which America is best served by soft protectionism, featuring subsidies for favoured industries.

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This article appeared in the United States section of the print edition under the headline “Tariffic ”

From the October 12th 2024 edition

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