How U.S. Agriculture Will Fare Under the USMCA and Retaliatory Tariffs



Maksym Chepeliev, Wallace E. Tyner, and Dominique van der Mensbrugghe

A hallmark of the Trump Administration has been to reverse the post-World War II consensus on lowering of trade barriers and a commitment towards multilateral free trade, towards a more protectionist and perhaps mercantilist position vis-à-vis trade policy. One of the Administration’s first actions in this regard was the decision to leave the Trans-Pacific Partnership (TPP) agreement, followed thereafter by raising tariffs on steel and aluminum imports. 


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