Trump's protectionism failed to create new industrial jobs

Donald Trump launched his protectionist policy with the declared objective of "Making America Great Again," the slogan of his MAGA political movement. The specific goal was to recreate industrial jobs, especially in the Midwest region, which was severely affected by globalization. The implemented trade policy resulted in a significant increase in import tariffs, which more than quadrupled. The irony of the case is that, despite this substantial increase in trade barriers, Trump's policy failed to achieve its main objective of generating new industrial jobs. The article is an exclusive subscriber-only piece.