The Future of US Trade Policies: Balancing Domestic Growth and Global Competitiveness

The main objective of this study is to analyze the future trajectory of U.S. trade policies with a focus on achieving a balance between domestic economic growth and global competitiveness. The specific objectives were to: examine the impact of shifts in United States' trade policies and tariffs on the United States' trade relationships with China and other key trading partners; analyze how changes in United States' trade policies and tariffs influence the United States' global economic position; propose solutions and strategies to mitigate the negative effects of United States' trade policy changes while enhancing the United States' global economic competitiveness. This study adopted a survey research design on a sample size of 100 respondents, purposively selected for their expertise and direct involvement in matters related to U.S. trade policy and global economic competitiveness. Primary data were collected using a structured questionnaire. The data were analyzed using frequency analysis and mean point analysis, which revealed that: shifts in U.S. trade policies, particularly the imposition of tariffs, have had a noticeable impact on trade volume, trade tensions, and business behavior, with the highest agreement on the uncertainty created for global trading partners, especially China; changes in U.S. trade policies, particularly those involving tariffs and protectionist measures, have had a negative impact on the U.S.'s global economic position, since these policies have weakened the U.S.'s standing, resulted in a loss of competitive advantage, and contributed to higher consumer prices that undermine economic competitiveness; multilateral trade agreements and strengthening the domestic supply chain are perceived as the most effective solutions to mitigate the challenges of shifting trade policies while enhancing U.S. global competitiveness, while innovation and balanced trade policies also receive substantial support. The study recommends that the US should pursue a strategy of diplomatic engagement with China, focusing on mutual interests such as climate change and technology collaboration, while negotiating for greater market access, intellectual property protections, and fairer trade practices.