{"title":"The Emerging American Industrial Policy","authors":"K. Belton","doi":"10.2139/ssrn.3820060","DOIUrl":"https://doi.org/10.2139/ssrn.3820060","url":null,"abstract":"A call for an American industrial policy has been attracting support across the political spectrum. Over the last few years, the US federal government has, arguably—and with little fanfare—created one. For sure, this isn’t the kind of top-down industrial policy practiced during the Cold War by Eastern-bloc nations behind the Iron Curtain. Yet it does involve picking winners and losers, but in a targeted manner that leverages market forces, as might be expected of a nation that values capitalism. This emerging American industrial policy is characterized by its focus on capabilities critical to national security, supported by resilient supply chains, and achieved through political consensus. Understanding its features will sharpen what has been, until now, a rather nebulous debate and inform policy makers, who can and should build on their handiwork through considered action. The US Congress, in particular, has a significant role to play, but only if it is willing to take advantage of its window of opportunity.","PeriodicalId":233044,"journal":{"name":"AgriSciRN: Food Policy in North America (Sub-Topic)","volume":"74 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-03-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"133698121","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
M. Chepeliev, W. Tyner, Dominique van der Mensbrugghe
{"title":"How U.S. Agriculture Will Fare Under the USMCA and Retaliatory Tariffs","authors":"M. Chepeliev, W. Tyner, Dominique van der Mensbrugghe","doi":"10.2139/SSRN.3317063","DOIUrl":"https://doi.org/10.2139/SSRN.3317063","url":null,"abstract":"A hallmark of the Trump Administration has been to reverse the post-World War II consensus on lowering of trade barriers and a commitment towards multilateral free trade, towards a more protectionist and perhaps mercantilist position vis-A -vis trade policy. One of the Administration's first actions in this regard was the decision to leave the Trans-Pacific Partnership (TPP) agreement, followed thereafter by raising tariffs on steel and aluminum imports. President Trump left no doubt where he stood on the North American Free Trade Agreement (NAFTA), which he often stated was the \"worst trade deal maybe ever signed anywhere\". The administration's actions on trade are likely to have significant implications for U.S. farmers as these actions target three of the largest markets for U.S. agricultural exports ”Canada, China and Mexico accounting\" for some 44% of U.S. agricultural exports representing an average of $63 billion from 2013 to 2015.","PeriodicalId":233044,"journal":{"name":"AgriSciRN: Food Policy in North America (Sub-Topic)","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2018-10-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"130117197","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}