THE EU FOREIGN TRADE IN GOODS AND SERVICES AND THE NEW PROTECTIONIST POLICY OF THE US
Evangelos Siskos, Konstantia Darvidov
Abstract
Open-access reader
Evangelos Siskos, Konstantia Darvidov
Abstract
Open-access reader
About 2/3 of the EU trade is the intra-EU trade, but the extra-EU trade provides additional demand for the European products and is a source of necessary supplies. It is especially important for some products and services. Despite a decreasing trend, the US continues to be an important trade partner for the EU. But prospects for transatlantic integration turned into rise of protectionism, which worries the EU politicians. In the paper we assess the fiscal and protectionist role of tariffs for the EU-US bilateral trade and the determinants of the US imports.
A significance statement is not available in the OpenAlex record.
A contribution statement is not available in the OpenAlex record.
Method details are not available in the OpenAlex metadata.
Findings are not separately available in the OpenAlex metadata.
Limitations are not available in the OpenAlex metadata.
Application details are not available in the OpenAlex metadata.
About 2/3 of the EU trade is the intra-EU trade, but the extra-EU trade provides additional demand for the European products and is a source of necessary supplies. It is especially important for some products and services. Despite a decreasing trend, the US continues to be an important trade partner for the EU. But prospects for transatlantic integration turned into rise of protectionism, which worries the EU politicians. In the paper we assess the fiscal and protectionist role of tariffs for the EU-US bilateral trade and the determinants of the US imports.
Key concepts: Protectionism, International trade, International economics, Commercial policy, Economics, European union, Trade barrier, Economic integration