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US election: Trump v Clinton
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New document reveals Donald Trump's economic strategy in detail

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Donald Trump would pull the United States out of the World Trade Organisation if necessary to help American companies sell more abroad. Photo: AFP
The Washington Post

Donald Trump would pull the United States out of the World Trade Organisation if necessary to help American companies sell more abroad. His believes he can close the United States’ $500 billion trade deficit within two years by renegotiating trade deals. And he sees this new approach to trade as the key complement to a bevy of traditional Republican policies - tax cuts, energy drilling and deregulation adding - that will supercharge thee economy, according to a new campaign analysis that lays out the Republican candidate’s economic strategy in the most detail yet.

It is an ideologically scattered plan for a major-party presidential nominee. It is a tapestry of supply-side conservatism and liberal populism. It promises to free American companies to compete more successfully on the world stage and to force America’s top trading partners into submission.

Perhaps paradoxically, it also claims that those trading partners will be better off for bowing to Trump’s demands.

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Xi Jinping, China's president, left, shakes hands with US President Barack Obama in Washington in 2015. Donald Trump believes that the US economy is growing slowly because past US presidents haven’t tried to level the free-trade playing field in America’s favour. Photo: Bloomberg
Xi Jinping, China's president, left, shakes hands with US President Barack Obama in Washington in 2015. Donald Trump believes that the US economy is growing slowly because past US presidents haven’t tried to level the free-trade playing field in America’s favour. Photo: Bloomberg

The plan’s guiding theory is that the US economy is growing slowly because past US presidents in the globalisation era haven’t even tried to level the free-trade playing field in America’s favour.

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A new 30-page analysis of Trump’s economic proposals, penned by two of his senior policy advisers and issued Sunday evening by Trump’s campaign, provides the most detailed look yet into how Trump envisions his economic plan boosting growth, wages and wealth - through a series of policies that together defy partisan convention. It demonstrates, in quantifiable terms, that trade policy is as important to Trump’s economic promises as tax cuts.

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