The economic impacts of Trump’s tariff proposals on Europe

Aurélien Saussay

LSE Research Online Documents on Economics from London School of Economics and Political Science, LSE Library

Abstract: This report examines the potential future ramifications that tariff proposals put forward by US Presidential Candidate Donald Trump in August 2024 could have on EU member states, the UK and also on China and other major emerging market economies. The proposed tariffs, framed as measures to correct trade imbalances and protect US industries, have the potential to significantly reshape international trade relations and supply chains, with notable consequences for the EU and its trade priorities.

Keywords: UK; carbon border adjustment mechanism; carbon price; cars; United States; CBAM; China; electric vehicles; emerging markets; EU; GDP; Germany; supply chains; tariffs; trade; Trump (search for similar items in EconPapers)
JEL-codes: J01 L81 N0 R14 (search for similar items in EconPapers)
Pages: 20 pages
Date: 2024-10-30
New Economics Papers: this item is included in nep-eec and nep-ene
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Persistent link: https://EconPapers.repec.org/RePEc:ehl:lserod:129067

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