Since Donald Trump’s first term as the 45th President of the United States, his approach to trade — aggressive tariffs, protectionist rhetoric, and coercive deal-making — has sparked debate. In his second term, the question arises: Does Trump’s trade policy reflect established economic trade theories, or is it driven by instinct, political strategy, or a revival of outdated doctrines?
To answer this, we must examine his policies through the lens of trade theories (classical and modern), mercantilism, comparative advantage, and free trade principles and assess whether his actions align with or diverge from these frameworks.
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