"AMERICA FIRST BUT NOT ALONE"

A (NOT SO) NEW US TRADE POLICY WITH DONALD TRUMP

Abstract

This article examines United States trade policy in the first half of Donald Trump’s government (2017-2018). We concluded that, from the structural point of view, the United States trade policy follows its historical course. While the Trump Administration is a kind of a new radical step, there is no structural change from the aggressive unilateralism trade policy, largely supported by what we call "America first but not alone". This means that although Donald Trump’s neo-mercantilism has unprecedented features, the current United States trade policy appears to be insufficient in its mission to promote structural inflections. To do so, we demonstrate how the trade war with China and the renegotiation of North American Free Trade Agreement (NAFTA) took place.