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Der Zolltarif als Trumpfkarte

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  • James Harold

Abstract

The trade policies of the new Trump Administration will lead to job losses and higher consumer prices. Moreover, the emphasis on bilateral trade balances is likely to be restrictive. The current protectionist tide is due to the lack of an honest public debate about the potential benefits of free trade. Referendums could reveal voters’ preferences between tariffs and alternative sources of income. Data-driven policymaking would be a counterweight to politically motivated protectionism and could pave the way for a new wave of globalisation.

Suggested Citation

  • James Harold, 2024. "Der Zolltarif als Trumpfkarte," Wirtschaftsdienst, Sciendo, vol. 104(12), pages 827-832.
    • Handle: RePEc:vrs:wirtsc:v:104:y:2024:i:12:p:827-832:n:1009
    DOI: 10.2478/wd-2024-0214
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    References listed on IDEAS

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    1. Laura Alfaro & Davin Chor, 2023. "Global Supply Chains: The Looming “Great Reallocation”," NBER Working Papers 31661, National Bureau of Economic Research, Inc.
    2. Lukas Boer & Malte Rieth, 2024. "The Macroeconomic Consequences of Import Tariffs and Trade Policy Uncertainty," IMF Working Papers 2024/013, International Monetary Fund.
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    More about this item

    JEL classification:

    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
    • F42 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - International Policy Coordination and Transmission
    • N72 - Economic History - - Economic History: Transport, International and Domestic Trade, Energy, and Other Services - - - U.S.; Canada: 1913-
    • P11 - Political Economy and Comparative Economic Systems - - Capitalist Economies - - - Planning, Coordination, and Reform

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