In this essay I will be discussing the consequences of Donald Trump’s ‘’America First’’ policy for American businesses, consumers, workers and foreign relations.
Since Trump has been elected as president of the United States one of his priorities has been to strengthen the American economy.
The Trump administration believes that the reason that the employment rate has declined the recent years, is due to the free trade – Hence the complaining about the Liberal World Order.
The thing Trump is doing is called protectionism, that is when the government restrict international trades, to help improve the activity in a domestic economy One of the ways he wants to do that, is by imposing tariffs on imported things from other countries.
Tariffs are taxes put on imported products by the government to protect domestic companies. Of course, there are side effects of imposing tariffs, such as higher consumer prices.