Additional European Union Tariffs on Imports From China Have only Limited Effect, Says Ifo Institute
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4 Articles
The Munich-based Ifo Institute has released its analysis titled "Rethinking EU Tariffs on China: Goals and Contradictions." The analysis focuses particularly on steel and electric vehicles...
Ifo reported that the special tariffs the EU is planning on China will have limited effectiveness in resolving supply dependencies and unfair competition. According to the analysis, these measures could negatively impact European producers who use intermediate goods from China by putting them under cost pressure.
Additional EU tariffs on Chinese imports may reduce, but not eliminate, Europe's dependence on China and the resulting competitive pressures, according to a new IFO analysis. The institute's researchers warn that the tariffs could increase costs for households and businesses, particularly hitting export companies that use Chinese inputs while not facing the pressures of non-EU markets. At the same time, they underline the need to strengthen Euro…
Additional European Union Tariffs on Imports From China Have only Limited Effect, Says Ifo Institute
The additional tariffs imposed by the European Union on imports from China can only eliminate the critical dependence on China and unfair competitive pressure from China to a certain extent. This is stated in their report by researchers from the Munich-based ifo Institute for Economic Research Lisandra Flachová and Andreas Baur. "Depending on the...
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