ARTICLE · 27 JANUARY 2025

Trade Under Trump 2.0

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GermanyInternational Law

Bärbel Sachs

David Rösch

Caroline Glöckle

On Wednesday, 5 November 2024, Donald Trump won the 2024 US presidential election. His return to the White House is likely to have far-reaching consequences for the US and world politics, but also for international trade law. The following insight will take a closer look at what the EU and EU industry can expect from "Trump 2.0".

During his first term, US President Trump already introduced his "America First"-policy, which emphasized the United States' unilateral economic needs. For international trade, this policy materialized in the breakdown of the WTO's Appellate Body, the renegotiation of NAFTA (which was relabeled USMCA) and a tariff war with, among others, China. President-elect Donald Trump's second term will not only follow up on his first term but is expected to put an even stronger emphasis on the US' unilateral interests, which pundits predict will translate to a myriad of protectionist measures.

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Trade Under Trump 2.0

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