President Trump’s Foreign Economic Reforms: Preliminary Results

Abstract

Abstract: The main directions and preliminary results of the policy of President D. Trump in the foreign economic sphere are analyzed. The reasons for and main goals of the ongoing radical reforms in US foreign economic relations are shown. China occupies a special place in US foreign economic policy. The essence of US claims against China is analyzed, and an assessment of the economic relations between these two countries is given. The author concludes that serious contradictions are inherent in the modern US foreign economic strategy. Many decisions in this area have already resulted in significant losses for American companies and consumers. It is noted that in its strategy, the Trump administration seeks to achieve not only short-term goals (for example, to reduce the foreign trade deficit) but also long-term ones: to strengthen the economic, scientific, and technical security of the United States in the wake of intensifying international competition.