Why are the United States isolate themselves from the rest of the world when it is economically risky? – release

The United States is in the process of implementing an isolationist policy, with an average customs right on its imports of more than 27 %, instead of the 2.2 % in progress at the start of Donald Trump’s first mandate (2017). However, with hindsight, we can assess the effects of customs taxes from 2018-2019, which gives tracks to anticipate those of 2025.

A goal commonly quoted by Trump is to rebalance the trade balance of the United States. However, the American trade deficit increased from $ 870 billion in 2018 to $ 1,173 billion in 2022, then to $ 1,203 billion in 2024. The evolution of the dollar (and other factors) was able to play a role: reducing imports is equivalent to reducing the demand for foreign currency and favors the assessment of the dollar, which reduces exports. Note that the United States has a surplus in the exchange of services, and that, overall, including goods and services, their relationship with the European Union is balanced.

Have Trump 1.0 customs duties allowed a certain reindustrialisation from the United States? Studies conclude that these customs duties have not increased or lowered employment at local level in the United States, but that Chinese reprisals have had a negative impact on agricultural employment.

Have public revenues increased with the taxation of customs duties in 2018 and 2019? American customs revenues have increased well from May