Uri Dadush

1 week ago | bruegel.org | Niclas Poitiers |Rebecca Christie |Uri Dadush |Ignacio Garcia Bercero

President Donald Trump’s tariffs clearly pose a profound challenge to the global rules-based trading system, marking a huge shift after decades of multilateral trade liberalisation that had left tariffs at near-historic lows. The economic impact on the European Union is much less clear, however.

1 week ago | bruegel.org | Ignacio Garcia Bercero |Rebecca Christie |Uri Dadush |Niclas Poitiers

After two weeks of chaos, the tariff policy of the United States under President Donald Trump appears to be converging around three elements: 1) a baseline import surcharge of 10%, with the main purpose of raising revenue; 2) protective tariffs of 25% on steel, aluminium, cars and car parts, which are likely to be extended to pharmaceuticals and semiconductors; 3) special treatment for China, although it is unclear whether the US will maintain its current prohibitive tariffs (at time of...

2 weeks ago | bruegel.org | Ignacio Garcia Bercero |Rebecca Christie |Uri Dadush |Niclas Poitiers

President Trump’s tariffs are an economic policy mistake of historical proportions, causing more harm to the United States than to almost all of its trading partners. Even with the pause announced on 9 April on big tariff hikes (except for China), the US tariff on the European Union remains at a very high 10%, and higher for cars, steel and aluminium. The EU has already agreed countermeasures on the US steel and aluminium tariffs and continues to weigh its options.

3 weeks ago | bruegel.org | Uri Dadush |Rebecca Christie |Ignacio Garcia Bercero |Niclas Poitiers

Following President Trump’s  ‘Liberation Day’ announcement  of a 20% tariff on European Union imports, the EU must respond. It seems unlikely that the EU will be able to negotiate a lower tariff. Trump needs hundreds of billions of dollars in tariff revenue to cover extended and increased income tax cuts – a signature feature of the Republican agenda. He believes high tariffs will revitalise investment in US manufacturing.

Dec 1, 2024 | lemonde.fr | Uri Dadush

Cet article vous est offert Pour lire gratuitement cet article réservé aux abonnés, connectez-vous Se connecter Vous n'êtes pas inscrit sur Le Monde ? Inscrivez-vous gratuitement Débats Tribunes L’économiste Uri Dadush fait l’hypothèse, dans une tribune au « Monde », que le président américain engagera des négociations bilatérales, plaçant chaque Etat-membre de l’Union dans un dilemme entre sécurité et commerce Temps de Lecture 4 min.