With the arrival of Donald Trump to the US presidency, tariffs became a major policy tool of the US administration. The Trump administration opened six major trade wars, which affected all of its major trade partners. The US also withdrew from the Trans-Pacific Partnership and forced a renegotiation of the North American Free Trade Agreement seeking to restrict its free trade provisions. The regression from trade integration was not a trend exclusive to the US. In January 2021, the United Kingdom culminated its disengagement from the European Union.
The shift toward more aggressive and unilateral trade policies has raised the interest in understanding how exporters adjust to a more hostile environment. This seminar will analyze how Spanish exporters adjusted to the tariffs imposed by the Trump Administration because of the Airbus-Boeing conflict. In October 2019, the Trump administration introduced an additional 25% tariff on 115 Spanish products, which represented almost 5\% of all Spanish merchandise exports to the US in 2018. We will explore the strategies that Spanish exporters followed to neutralize this increase in tariffs.
RSVP is required. Please register here.
Speaker: Asier Minondo (Economics Deusto Business School, University of Deusto)
Sponsor: RCC; University of Deusto.
LOCATION:RCC Conference Room, 26 Trowbridge St. and over Zoom (Registration Required) STATUS:CONFIRMED DTSTART:20220614T210000Z DTEND:20220614T220000Z END:VEVENT END:VCALENDAR