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

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

Donald Trump is aggressively pursuing his “America First” policy by announcing various tariff increases – which are often later withdrawn or postponed, leading to significant uncertainty. On 12 March, tariffs on aluminium and steel derivative products enter into force. In any scenario, the greatest burden will be borne by the US itself read more

On 11 March 1985, Mikhail Gorbachev was elected General Secretary of the Communist Party of the Soviet Union. He set in motion political and economic reforms that would change the world. What have been the economic reasons for the demise of communism? read more

Die österreichischen Güterexporte dürften 2024 um 2,9% und die Importe um 4,9% gesunken sein. FIW prognostiziert für 2025 ein Exportwachstum von 1,4% und für 2026 von 2,3% read more

It would crush Ukraine’s sovereignty and economic future, undermine Central and Eastern Europe’s FDI-driven growth, and end Europe’s peace dividend for good. Russia, meanwhile, could see economic gains in the medium term and become less dependent on China read more

Private consumption is driving growth, while export-oriented industry is struggling; Donald Trump unchained is the major downside risk; Ukraine’s economic prospects are uncertain; growth in Russia will halve to 1.8% in 2025 read more

Das an Fahrt gewinnende Wachstum in Polen, Tschechien, Ungarn und Slowenien dürfte 2025 die schwache Konjunktur Österreichs stützen. Besonders stark wächst Polen read more