The administration embraces mercantilism, an ideology with few adherents.
Trump, who withdrew the US from the Trans-Pacific Partnership when he became president, briefly appeared to consider joining the trade accord again.
When he meets the US president this week, the prime minister will talk about the North Korean nuclear threat, the rise of China, and the rebranded Trans-Pacific Partnership.
It will be the private remarks between senior Australian business leaders and foreign investors at Davos that will likely be the most consequential for the Australian economy in the coming few years.
The new TPP means fewer barriers for Australian exports, but there a number of loose ends – not least if the United States decides to rejoin.
The two things UK must do to survive Brexit.
We asked four of our regular economics writers to examine a key theme they expect to flare up in 2018 and why.
American lawmakers in the 1930s learned the hard way what happens when a country raises tariffs and makes other unilateral trade decisions.
Negotiators from 11 countries have been racing to resurrect the near-dead Trans-Pacific Partnership Agreement before the Asia-Pacific Economic Cooperation (APEC) summit this weekend.
A flurry of policy reversals in recent weeks suggests Trump has changed his tune from his populist campaign promises. Has he?
The message from the US vice-president was that the US would stay the course and, if anything, act more assertively in preserving stability in the Asia-Pacific region.
Nothing less than the fate of the global economy lies in the balance as the two strong-willed leaders sit down for their first one-on-one meeting.
Trade under Trump will mean more bilateral agreements, hard bargaining and ultimatums, a sharp departure from Obama's multilateral, win-win approach.
Trump's 'America first' rhetoric implies that the internationalism and ‘enlightened self-interest’ that built the postwar order was a big mistake. The evidence and basic economics disagree.
Policymakers need to think outside the narrow confines of what has been regarded as “America first" policy postures that have dictated Australia’s foreign policy choices.
The agreement could be as good as dead, if, instead of pushing ahead without the US, its members decide to explore bilateral trade agreements with the country.
The TPP can't go ahead in any form, so its time the Australian government lets it go.
Trump formally pulled out of the Trans-Pacific Partnership and signaled his intention to begin renegotiating NAFTA. Here's some context.
Xi Jinping is the first Chinese leader to attend the World Economic Forum and used his speech to denounce protectionism. But China's trade liberalisation has stalled recently.
It seems in the current global turbulence multilateral trade deals are dead, long live bilateral agreements.