Post-Election Analysis 2016: Trade
Juridiction: United States of America
Authors: Raul R. Herrera, J. David Park, Dana Weekes and Amy Davenport
Law firm: Arnold & Porter LLP
The Trump Administration will be a strong proponent of trade enforcement, as it may look to impose sizeable tariffs on certain goods imported from China and Mexico, which may run afoul of WTO obligations. The administration also will look to address currency manipulation through countervailing duty laws or other legal provisions.
Along with President-elect Trump, there is a broad base of the electorate, including both Democrats and Republicans, strongly opposing the current TPP agreement and other trade agreements. This opposition will create challenges for Congress to pass any trade agreements in the 115th Congress.