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Fokus 1. Quartal 2017Focus 1st quarter 2017
5/23/2018 : 10:49 am : +0200

 

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Focus 1st quarter 2017

We present and discuss current research and economic policy related topics in International Economics. This quarter about:

New protectionism? The us-american trade policy under president Trump


 

 

 

Christoph Leitl, Preseident of the Austrian Economic Chambers strongly opposes the planned new US-sanctions versus Russia.

undefinedDerStandard (German)

After Donald Trump was cited with „the Germans are bad“, a counseillor of Trump assured that the President of the U.S. that the critical comments were targeted soley at the German trade policy.


undefinedFAZ (German)

The Government of Donald Trump has annonced a 20%  tariff  for Canadian softwood lumber.

undefinedZeit (German)

undefinedBloomberg

South Korea is considering whether to file an official complaint with the World Trade Organization (WTO) over the United States' practice of levying anti-dumping duties on South Korean steel and chemical products

undefinedHandelsblatt (German)

undefinedyonhapnews

Higher domestic prices and the dependency of us-firms from the EU-market are downsides to Donald Trumps protectionist ideas.

undefinedDerStandard (German)

 

The economists Auerbach and Devereux welcome the idea of a BAT as a means of reforming the dysfunctional US corporate tax system. In their view, it would be simpler and more progressive than the current system and would also discourage the shifting of profits and activities offshore.In their view the BAT should be viewed as an barrier to trade but rather as an shift of taxation from the locations where products are made to where they are sold

undefinedZeit (Englisch)

The proposed US border adjustment tax (BAT) would turn the US corporate income tax into a tax on corporate cash flows (with border adjustment). Roubini sees unwarranted and unfair consequences for US importers (facing sharp increases in their tax liabilities), and US exporters (enjoying significant tax reductions).

 

undefinedproject syndicate

Clemens Fuest (ifo-institute) explains the plans of an us-american border-adjustment-tax and the potential effects for Germany.

undefinedifo-Standpunkt Nr.182 (German)