WIIW The Vienna Institute for International Economic Studies - Wiener Institut für Internationale Wirtschaftsvergleiche

An overview of the US tariff hikes announced on 2 April and an assessment of their impact: The consequences will be significant for countries with strong ties to the US as well as for those facing steep tariff increases read more

Trump’s latest global tariffs, announced on a self-proclaimed ‘Liberation Day’, will likely cause sharp short-term trade declines – and a significant surge in inflation for the US read more

The newly announced US tariffs of 25% on automotive imports will have the greatest impact on the ‘EU’s manufacturing core’ – namely, the car industries in Germany, Austria and the Visegrád countries – as well as Mexico, Canada, South Korea and Japan. This represents yet another blow to the EU’s struggling automotive industry read more

The European steel industry is under increasing pressure. Trump's new 25% tariffs are further undermining its competitiveness. The European Commission views this industry as vital for Europe’s defence and rearmament. Francesca Guadagno and Robert Stehrer on the current state of the industry, the potential consequences of US tariffs and the EU's retaliation read more

President Trump uses the US trade deficit as a key argument to justify raising tariffs. The debate surrounding its causes is essential for understanding the broader elements of his agenda. Ultimately, Trump’s aim could be to restructure the global trade and financial systems read more