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CommentariesStudiesFvS Wealth Price Index for GermanyFvS Wealth Price Series for the Euro AreaFvS Business Cycle IndicatorFvS Real Economy TrackerFvS Inflation TrackerThe Euro MeltdownPressPeer reviewed publications
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12.05.2017 - Studies

Free and fair US trade?

by Agnieszka Gehringer

The average tariff level on US imports of 3.8% might be among the lowest worldwide, as claimed by the US administration. But the US is highly protectionist through the back-door of non-tariff trade barriers.

USA has been the most intensive user of non-tariff measures. Many of these measures are actually not used in response to ‘unfair’ trade, as the WTO rules under some circumstances would allow, but to protect national industries from foreign competitors.

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Related Articles

28.02.2018 - Macroeconomics

Protectionism returns to US policy agenda

by Agnieszka Gehringer

US protectionism is back. Selective trade barriers would hurt employment in the affected industries, but there would be no damage at the macro level and on the stock markets.

17.02.2017 - Macroeconomics

Trump´s protectionist ambitions under the microscope

by Agnieszka Gehringer

The threatened tariffs on imports from China and the NAFTA countries would only affect a few - albeit important - US industries. However, if import tariffs were imposed across the board, a number of industries would be significantly affected.