Special
We have revised our economic forecasts and expect the global economy to contract by 2.6% in 2020. How quickly the economy recovers after the coronavirus crisis depends on how fast people get back to work and whether productivity growth is permanently damaged.
Economic Comment Dutch version
European trade commissioner Phil Hogan has concluded his visit to the US. The joint proposal to reform the WTO has been a major achievement but there has been little progress on US tariffs on European goods.
Special
Soon, President Trump will announce what to do with tariffs on EU cars. We think he will not hike tariffs just yet, but will keep the tariff threat alive. Within the EU, the German and Hungarian economy are most vulnerable to higher car tariffs in the US.
Special
Driven by animosity vis-à-vis German cars and a sense of non-reciprocity by the EU on lower car tariffs, US President Trump is expected in the next few weeks to decide on whether the US will impose trade tariffs on cars. We assess the possible impact.
Special
The US value chain is sliced up globally, which limits possibilities for protectionist policies without hurting domestic US firms. US firms are especially involved in three Mexican industries, with the motor vehicle industry being the most prominent one.
