RaboResearch - Economic Research

Special

The US-China trade war in the rerun

The US has raised import tariffs from 10% to 25% on 200bn worth of Chinese goods shipped to US shores and China has vowed to retaliate. In this report, we assess the economic impact of these measures, as well as a scenario where the US-China trade war fully escalates.

Column Dutch version

Structural confusion

Assessing US tax cuts, Italian public spending, and Fed or ECB policy all require a distinction between the 'cyclical' and 'structural'. But even when you who know the difference, it is easy to make a policy mistake.