Trump's Tariffs Reveal the Limits of Protectionism in Global Trade The recent trade war between the United States and China has brought a long debated economic theory to the forefront: protectionism.
In 2018, President Donald Trump imposed tariffs on over $360 billion worth of Chinese goods, citing concerns about intellectual property theft and unfair trade practices.
This move marked a significant escalation in the ongoing trade tensions between the two countries, with far reaching consequences for global markets.