Trump’s Trade Wars: The Outcry Against Multilateralism Politique étrangère, Vol. 83, No. 4, Winter 2018-2019
The aim of multilateral trade as established after the Second World War was to prevent trade wars.
The creation of the World Trade Organization in 1995 and the establishment of its mechanism for dispute settlement strengthened this multilateralism. Today, Donald Trump is stepping up protectionist measures and seeking to reduce the power of the WTO to zero. The results of the current trade war are far from known.
Jean-Marc Siroen currently works at the Dauphine Economics Research Center, Paris Dauphine University.