Bericht

Global Impact of a Protectionist U.S. Trade Policy

When President Trump came into office the US administration launched a detailed analysis of American trade relations. It aimed to identify "unfair trade practices" that are supposedly increasingly being used by other countries, and that are economically damaging to America. This study simulates potential protectionist trade policies on the part of the USA using historical data. The results enable a comprehensive analysis of the political debate and, above all, of its meaningfulness. The study illustrates that the USA does actually face economic imbalances, and especially high trade deficits, which are increasingly causing upsets in individual branches within the States. At the same time, however, the study also makes it clear that the solution to such economic challenges does not lie in a protectionist trade policy. On the contrary, such a policy would only exacerbate problems in the long term. The study ends with a policy recommendation for the USA and the functioning, rule-based, multilateral trade system.

ISBN
978-3-95942-041-9
Sprache
Englisch

Erschienen in
Series: ifo Forschungsberichte ; No. 89

Klassifikation
Wirtschaft
Trade: General
Trade Policy; International Trade Organizations
International Agreements and Observance; International Organizations
Thema
Außenhandel
Außenwirtschaftspolitik
Protektionismus
Zoll
Handelshemmnisse
Auslandsinvestition
NAFTA-Staaten
WTO-Recht
USA
Welt

Ereignis
Geistige Schöpfung
(wer)
Felbermayr, Gabriel
Steininger, Marina
Yalcin, Erdal
Ereignis
Veröffentlichung
(wer)
ifo Institut - Leibniz-Institut für Wirtschaftsforschung an der Universität München
(wo)
München
(wann)
2017

Handle
Letzte Aktualisierung
10.03.2025, 11:42 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Bericht

Beteiligte

  • Felbermayr, Gabriel
  • Steininger, Marina
  • Yalcin, Erdal
  • ifo Institut - Leibniz-Institut für Wirtschaftsforschung an der Universität München

Entstanden

  • 2017

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