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28th Oct 2024 09:21EurozoneDaily Monitor

  • Donald Trump has threatened a 10% tariff on goods imported to the US, if he becomes president. 
  • Our analysis suggests the hit to EZ GDP from a blanket 10% tariff would be limited… 
  • ...The GDP hit would be smaller if the EU retaliates but bigger if a US-China trade war escalates.

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Keywords for: 29 October 2024 Eurozone Monitor

independent macro research, Pantheon Macro, Pantheon Macroeconomics, independent research, ian shepherdson, economic intelligence