Araştırma Makalesi

New Protectionism and Trade Wars in Foreign Trade: Trumpism

Cilt: 10 Sayı: 28 31 Ekim 2025
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New Protectionism and Trade Wars in Foreign Trade: Trumpism

Abstract

Protectionism in foreign trade includes government policies designed to restrict imports and support local industries. These policies consist of the implementation of tools such as tariffs, quotas, subsidies, and trade restrictions that aim to protect local economies from global competition. While protectionist measures in foreign trade support local industries and lead to increased domestic employment and reduced unemployment, they also carry the risks of causing several problems such as economic inefficiencies, trade wars, and higher costs for consumers. The two main objectives of this study are to demonstrate through historical analysis that protectionism in foreign trade is not a situation specific to the Trump administration. The second is to examine the possible outcomes of Trump’s protectionist policies in foreign trade that he will implement during the 2025-2029 period. As a result of the study, it is demonstrated through a historical analysis that protectionism is not a situation specific to the Trump administration. The possible economic outcomes of Trump’s protectionist policies in foreign trade that he will implement during the 2025-2029 period are; While it is expected to cause a weakening of economic growth, an increase in inflation and unemployment on a global scale, its geopolitical and social consequences are expected to be the rise of tensions on a global scale, an increase in regional polarization, the rise of nationalism and anti-globalization sentiment, an arms race and paving the way for war..

Keywords

Kaynakça

  1. Aaronson, S. A. (2019). Data is different, and that’s why the world needs a new approach to governing cross-border data flows. Digital Policy, Regulation and Governance, 21(5), 441–460. https://doi.org/10.1108/DPRG-03-2019-0021
  2. Acharya, V. V., and Richardson, M. (2009). Restoring financial stability: How to repair a failed system. Wiley.
  3. Bagwell, K., and Staiger, R. W. (2002). The economics of the world trading system. MIT Press.
  4. Bairoch, P. (1995). Economics and world history: Myths and paradoxes. University of Chicago Press.
  5. Baldwin, R. (2018). The Great Convergence: Information technology and the new globalization. Harvard University Press.
  6. Baldwin, R. E. (1986). The political economy of U.S. import policy. MIT Press.
  7. Baldwin, R. E. (1989). The political economy of trade policy. Journal of Economic Perspectives, 3(4), 119-135. https://www.jstor.org/stable/1942913
  8. Baldwin, R., and Evenett, S. (2020). COVID-19 and Trade Policy: Why Turning Inward Won’t Work. CEPR Press. https://h1.nu/1gMcd

Ayrıntılar

Birincil Dil

İngilizce

Konular

Ekonomi Politik Teorisi , Makroekonomik Teori

Bölüm

Araştırma Makalesi

Erken Görünüm Tarihi

17 Ekim 2025

Yayımlanma Tarihi

31 Ekim 2025

Gönderilme Tarihi

27 Mart 2025

Kabul Tarihi

3 Eylül 2025

Yayımlandığı Sayı

Yıl 2025 Cilt: 10 Sayı: 28

Kaynak Göster

APA
Bağcı, E. (2025). New Protectionism and Trade Wars in Foreign Trade: Trumpism. İktisadi İdari ve Siyasal Araştırmalar Dergisi, 10(28), 664-678. https://doi.org/10.25204/iktisad.1666496
AMA
1.Bağcı E. New Protectionism and Trade Wars in Foreign Trade: Trumpism. İKTİSAD. 2025;10(28):664-678. doi:10.25204/iktisad.1666496
Chicago
Bağcı, Erdem. 2025. “New Protectionism and Trade Wars in Foreign Trade: Trumpism”. İktisadi İdari ve Siyasal Araştırmalar Dergisi 10 (28): 664-78. https://doi.org/10.25204/iktisad.1666496.
EndNote
Bağcı E (01 Ekim 2025) New Protectionism and Trade Wars in Foreign Trade: Trumpism. İktisadi İdari ve Siyasal Araştırmalar Dergisi 10 28 664–678.
IEEE
[1]E. Bağcı, “New Protectionism and Trade Wars in Foreign Trade: Trumpism”, İKTİSAD, c. 10, sy 28, ss. 664–678, Eki. 2025, doi: 10.25204/iktisad.1666496.
ISNAD
Bağcı, Erdem. “New Protectionism and Trade Wars in Foreign Trade: Trumpism”. İktisadi İdari ve Siyasal Araştırmalar Dergisi 10/28 (01 Ekim 2025): 664-678. https://doi.org/10.25204/iktisad.1666496.
JAMA
1.Bağcı E. New Protectionism and Trade Wars in Foreign Trade: Trumpism. İKTİSAD. 2025;10:664–678.
MLA
Bağcı, Erdem. “New Protectionism and Trade Wars in Foreign Trade: Trumpism”. İktisadi İdari ve Siyasal Araştırmalar Dergisi, c. 10, sy 28, Ekim 2025, ss. 664-78, doi:10.25204/iktisad.1666496.
Vancouver
1.Erdem Bağcı. New Protectionism and Trade Wars in Foreign Trade: Trumpism. İKTİSAD. 01 Ekim 2025;10(28):664-78. doi:10.25204/iktisad.1666496


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