Donald Trump’s Use of Political Power Is a Form of Economic Interventionism.

Economic interventionism refers to government actions that influence or directly shape market activity, often through regulations, tariffs, subsidies, or fiscal policy. This approach contrasts with laissez-faire economics, where markets operate with minimal state interference. During his presidency (2017–2021), Donald Trump implemented a number of economic policies that reflected interventionist strategies, particularly in trade and industry. His administration imposed tariffs on imports from countries like China, Canada, and members of the European Union, aiming to protect American industries and reduce trade deficits. These actions marked a shift from previous administrations' emphasis on free trade and global integration. Trump also used executive power to renegotiate trade agreements, such as replacing NAFTA with the USMCA, and encouraged domestic manufacturing through public statements and policy incentives.