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IfW Kiel in den Medien

EU Seen Losing $11 Billion in China Exports After Phase-One Deal

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Internationaler Handel

Europäische Union & Euro

China

China''s pledge to boost imports from the U.S. under a recently signed trade deal could end up costing the European Union about $11 billion next year.

(...) Germany and France will be particularly hard hit by trade diversions, the study''s authors, Sonali Chowdhry and Gabriel Felbermayr, said. The largest negative effects for the EU are expected in aircrafts, vehicles, industrial and medical machinery, pharmaceuticals, and other agricultural goods. (...)

Kiel Institut Expertinnen und Experten

  • Prof. Dr. Gabriel Felbermayr
    Kiel Institute Fellow
  • Dr. Sonali Chowdhry
    Kiel Institute Fellow

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