more they are dispensed to favoured

Trump’s tariffs have turbocharged calls for protectionism within the US body politic. Like salted peanuts, the more they are dispensed to favoured industries, the more they are being demanded. The tariffs have also dislodged the Washington consensus on trade policy from its pro-liberalisation moorings, with trade policy shot through with streaks of populism and protectionism. At a time when the European Union, Japan, China and ASEAN continue to liberalise their trade policy frameworks, albeit at a slower pace since 2008, the US tariff play has accentuated the country’s relative isolation within the multilateral trading system The United States’ defence of its unlawful tariffs under the catch-all guise of ‘national security’ has resulted in successive losses at the panel stage of the dispute settlement สล็อต