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Trump's Economic Approach Starts to Take Shape
It is still early days, but a picture of the economic policy approach favored by President Donald Trump is gradually coming into focus. Here are some of its key features as signaled by the words and actions of the administration in its first week in office: It is targeting higher growth and greater job creation using what can be called an “import- substitution-plus” approach to policy making, together with elements of an industrial policy: In a manner reminiscent of traditional import-substitution strategies, the Trump administration is seeking to attract to the U.S. production facilities that serve the domestic ... (full story)
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