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The Economy of the Global Trade Conflict: an Opportunity for the EU
Summary by Die Volkswirtschaft
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On the one hand, the US has introduced tariffs as high as they have not existed since the 1930s, and there are signs of financial instability that could weaken the role of the dollar in the international monetary system. On the other hand, China is strengthening its state-led mercantilist policy and seems unable or unwilling to change its growth model. As an independent European think tank, Bruegel publishes studies on the reform of the rule-bas…
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