Global implications of Trump’s fiscal stimulus

Recent commentary on the presidential election has touched on the domestic appeal of Trump’s protectionist, “America first” economic policy. LSE Visiting Fellow Guillermo Felices reflects on the broader implications of this protectionist stance, and argues that an international backlash could undermine the sustainability of this economic position. He also notes that though the anti-establishment sentiment seen in the UK and US may reappear in European elections this coming year, their capacity to pursue a similarly radical policy shift is limited.