Handelspolitische Konsequenzen von Donald Trump 2.0

Obst Thomas, Matthes Jürgen and Sultan Samina
Additional contact information
Obst Thomas: Institut der deutschen Wirtschaft, Berlin
Matthes Jürgen: Institut der deutschen Wirtschaft, Köln
Sultan Samina: Institut der deutschen Wirtschaft, Köln

Wirtschaftspolitische Blätter, 2025, vol. 2025, issue 1, 26-31

Abstract: If the new US President Donald Trump raises US tariffs as threatened, this could significantly damage the global trade order. He has announced that he will impose a 10 % import tariff on all US imports. If this does not achieve his goal of reducing the US trade deficit, Trump has threatened to impose a 20 % tariff. Trade tariffs of 60 % on Chinese imports are on the table. We simulate the effects of such an increase in US import tariffs and a retaliation by the EU in a global economic model. For the German economy, the cumulative damage over the 4-year time horizon could amount to up to 215 billion euros.

JEL-codes: E17 F14 F17 (search for similar items in EconPapers)
Date: 2025
References: Add references at CitEc
Citations:

Downloads: (external link)
https://doi.org/10.2478/wpbl-2025-0006 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:vrs:wipobl:v:2025:y:2025:i:1:p:26-31:n:1006

DOI: 10.2478/wpbl-2025-0006

Access Statistics for this article

Wirtschaftspolitische Blätter is currently edited by Katharina Filip

More articles in Wirtschaftspolitische Blätter from Sciendo
Bibliographic data for series maintained by Peter Golla ().