This report analyses the potential effects of the US implementing a tariff regime with additional tariffs on imports from China and the rest of the world, as Donald Trump has pledged to do if elected on 5th November 2024.
Authors
Lovi Nordgren, Nils Norell and Petter Stålenheim, National Board of Trade Sweden
Related Organizations
- Pages
- 46
- Published in
- Sweden
Table of Contents
- Summary 2
- 1 Introduction 4
- 2 Background 5
- 3 Simulated scenario: The US impose tariffs pledged by Donald Trump 7
- 4 Simulation results 8
- 4.1 Macro-economic effects 8
- 4.2 Trade effects for analysed regions and countries 9
- Sweden 11
- The European Union 12
- The United States 14
- China 15
- 5 Conclusions and policy implications 16
- References 18
- Appendix A – Reference scenario and methodological considerations 20
- Appendix B – Regions, sectors and production factors 21
- Appendix C – Detailed tables 22
- Sammanfattning / Summary in Swedish 45
