Trade policy tensions casting shadow on economic horizon
(18.10.2018)
Volyymi
92Numero
4/2018Julkaisija
Bank of Finland
2018
Julkaisun pysyvä osoite on
https://urn.fi/URN:NBN:fi:bof-201810232099Tiivistelmä
The trade policy of the United States has in the last year become increasingly protectionist, aiming to change the terms of international trade. However, protectionist measures may have unexpected and long-term repercussions as businesses' supply chains have become more complex and extending across national boundaries. Even if the higher tariffs were temporary, the global economy will grow more slowly, the more the tariff increases heighten uncertainty and postpone investments.
Julkaisuhuomautus
Issue: Financial stability