Social Sciences
8 years ago

U.S. Congress Embraces Fair and Strategic Trade, Abandoning Free Trade

International Organization
Free trade, fair trade, strategic trade, and protectionism in the U.S. Congress, 1987–88
Stanley D. Nollen, Dennis P. Quinn

Paper Summary

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The U.S. Congress in 1987-88 passed fair trade and strategic trade policies due to political partisanship, with Democrats supporting and Republicans opposing trade intervention. In the Senate, international business backs fair trade policies and opposes protectionism, while U.S. business supports protectionism. Liberals favor fair and strategic trade policies but not protectionism. The House still has a protectionist coalition. Free trade support in U.S. politics is dwindling, and global market changes quickly impact U.S. trade policy.