Future of manufacturing in Europe

Trade scenario: Employment implications in Europe of significant increases in tariffsForthcoming

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Increased protectionism is affecting a large number of economies – both advanced and emerging. In 2018, as part of US economic policy, a series of import tariffs were imposed on selected goods from China, Europe and other countries. This scenario estimates the potential impact of additional US tariffs and subsequent retaliatory action on global trade patterns and how these changes would affect EU competitiveness, growth and employment.

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