- 🟢 In a pivotal week for transatlantic #trade relations, we're publishing today the new EU Böll Brief “𝗧𝗿𝗮𝗱𝗶𝗻𝗴 𝗽𝗮𝗿𝘁𝗻𝗲𝗿𝘀? 𝗘𝘂𝗿𝗼𝗽𝗲'𝘀 𝗼𝗽𝘁𝗶𝗼𝗻𝘀 𝗮𝗴𝗮𝗶𝗻𝘀𝘁 𝗧𝗿𝘂𝗺𝗽’𝘀 𝘁𝗮𝗿𝗶𝗳𝗳𝘀“ 👉 eu.boell.org/en/trading-p... 🧵 @boell.de @sonalichowdhry.bsky.social @julianhi.nz @hendrikmahlkow.com @kiel.institute @diw.de #Tariffs
- 🟢 We analyse the potential consequences of rising US #tariffs on European trade & explore strategic responses available to the EU, highlighting the economic risks of a tariff war for each individual EU Member State & outlining alternative strategies for the EU to safeguard its economic interests 🇪🇺
Mar 31, 2025 10:18
- 🟢 Scenario 1️⃣ – “𝗧𝗿𝗮𝗱𝗲 𝗪𝗮𝗿”: The escalation of a #tariff war between the EU and US would be mutually harmful. EU exports to the US would be slashed by half, with disproportionate impacts on Member States such as Ireland, Slovakia and Belgium. US GDP would also contract over the long term.
