The Transatlantic Trade Conflict and the German Economy: It Matters how Long It Takes
Abstract International trade conflicts continue to simmer in times of the coronavirus crisis. Most recently, in mid-May, the US government tightened export restrictions for suppliers to the Chinese technology company Huawei. Against the background of the dramatic slump in consumer demand for automob...
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| Format: | Article |
| Language: | deu |
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Sciendo
2020-07-01
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| Series: | Wirtschaftsdienst |
| Online Access: | https://doi.org/10.1007/s10273-020-2694-3 |
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| _version_ | 1832570142414864384 |
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| author | Sebastian Dullien Sabine Stephan Thomas Theobald |
| author_facet | Sebastian Dullien Sabine Stephan Thomas Theobald |
| author_sort | Sebastian Dullien |
| collection | DOAJ |
| description | Abstract International trade conflicts continue to simmer in times of the coronavirus crisis. Most recently, in mid-May, the US government tightened export restrictions for suppliers to the Chinese technology company Huawei. Against the background of the dramatic slump in consumer demand for automobiles, US President Donald Trump might revive his protectionist idea of tariffs on cars and car parts from the EU, escalating the transatlantic trade conflict. Economic policy simulations show that such an escalation has the potential to dampen the economic recovery in Germany after the pandemic shock. Fiscal rules limit the ability to counterbalance the macroeconomic impact of a trade war, putting Germany potentially at a relative disadvantage in this conflict. |
| format | Article |
| id | doaj-art-7873d61a0e9645cd883ae9d58dbbbf8d |
| institution | Kabale University |
| issn | 0043-6275 1613-978X |
| language | deu |
| publishDate | 2020-07-01 |
| publisher | Sciendo |
| record_format | Article |
| series | Wirtschaftsdienst |
| spelling | doaj-art-7873d61a0e9645cd883ae9d58dbbbf8d2025-02-02T16:33:09ZdeuSciendoWirtschaftsdienst0043-62751613-978X2020-07-01100752453010.1007/s10273-020-2694-3The Transatlantic Trade Conflict and the German Economy: It Matters how Long It TakesSebastian Dullien0Sabine Stephan1Thomas Theobald2in der Hans-Böckler-Stiftung, Inst. f. Makroökonomie u. Konjunkturf. (IMK)in der Hans-Böckler-Stiftung: Ökonometrie, Inst. f. Makroökonomie u. Konjunkturf. (IMK)in der Hans-Böckler-Stiftung: Finanzmärkte und Konjunktur, Inst. f. Makroökonomie u. Konjunkturf. (IMK)Abstract International trade conflicts continue to simmer in times of the coronavirus crisis. Most recently, in mid-May, the US government tightened export restrictions for suppliers to the Chinese technology company Huawei. Against the background of the dramatic slump in consumer demand for automobiles, US President Donald Trump might revive his protectionist idea of tariffs on cars and car parts from the EU, escalating the transatlantic trade conflict. Economic policy simulations show that such an escalation has the potential to dampen the economic recovery in Germany after the pandemic shock. Fiscal rules limit the ability to counterbalance the macroeconomic impact of a trade war, putting Germany potentially at a relative disadvantage in this conflict.https://doi.org/10.1007/s10273-020-2694-3 |
| spellingShingle | Sebastian Dullien Sabine Stephan Thomas Theobald The Transatlantic Trade Conflict and the German Economy: It Matters how Long It Takes Wirtschaftsdienst |
| title | The Transatlantic Trade Conflict and the German Economy: It Matters how Long It Takes |
| title_full | The Transatlantic Trade Conflict and the German Economy: It Matters how Long It Takes |
| title_fullStr | The Transatlantic Trade Conflict and the German Economy: It Matters how Long It Takes |
| title_full_unstemmed | The Transatlantic Trade Conflict and the German Economy: It Matters how Long It Takes |
| title_short | The Transatlantic Trade Conflict and the German Economy: It Matters how Long It Takes |
| title_sort | transatlantic trade conflict and the german economy it matters how long it takes |
| url | https://doi.org/10.1007/s10273-020-2694-3 |
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