{"id":76448,"date":"2018-09-24T10:45:22","date_gmt":"2018-09-24T10:45:22","guid":{"rendered":"https:\/\/tin.happy-projects.ro\/europe-might-profit-us-china-trade-war\/"},"modified":"2025-09-19T08:49:02","modified_gmt":"2025-09-19T08:49:02","slug":"europe-might-profit-us-china-trade-war","status":"publish","type":"post","link":"https:\/\/www.timberindustrynews.com\/ro\/europe-might-profit-us-china-trade-war\/","title":{"rendered":"Europe might profit from the US-China trade war"},"content":{"rendered":"

The additional tariffs of the US government under President Donald Trump slow the Chinese growth by 0.1 to 0.2 percentage points, according to the German Munich-based IFO Institute.\u00a0At the same time, US tariffs could improve Europe's bargaining position.\u00a0\"If tariffs increase from 10 to 25 percent towards the end of the year, then the braking effect is 0.3 to 0.5 percentage points.\u00a0That is noticeable, but with Chinese growth of around 6.5% per year, the impact is manageable, \"says the head of the Ifo Center for Foreign Trade, Gabriel Felbermayr.<\/em><\/p>\n

\"China has become much more independent of exports in recent years;\u00a0that pays off now.\u00a0But the trade war between the US and China significantly increases the global economic risks. \"He adds appreciation to the dollar;\u00a0that puts a strain on the emerging markets.\u00a0And in China itself, some over-indebted companies would come under additional pressure.<\/p>\n

At the same time, Felbermayr added: \"Strategically, the US-China trade war is an opportunity for the EU to assert its own interests.\u00a0Europe could become a big beneficiary, if China allows itself to be condemned within the WTO.\u00a0The time in which Trump simultaneously acts against all trading partners should be over for now.\u00a0As long as the spiral of trade war turns between Washington and Beijing, Europe is relatively safe. \"<\/p>\n

Competitors from China in the US and US in China will suffer more, and products from Europe could therefore gain market share, Felbermayr added.\u00a0\"But if European corporations produce in the US or China for the world market, then the costs rise for them too.\u00a0For example, when Siemens uses electronic components from China in the USA.\u00a0In addition, the new risks weigh on share prices worldwide.\u00a0But for smaller European companies whose value chains are more regional, there are indeed new opportunities. \"<\/p>","protected":false},"excerpt":{"rendered":"

The additional tariffs of the US government under President Donald Trump slow the Chinese growth by 0.1 to 0.2 percentage points, according to the German Munich-based IFO Institute.\u00a0At the same time, US tariffs could improve Europe’s bargaining position.\u00a0“If tariffs increase … Continue reading →<\/span><\/a><\/p>","protected":false},"author":1,"featured_media":59658,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[4713,4716,4715],"tags":[3299,3958,3429],"class_list":["post-76448","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-companies-in-the-timber-industry","category-latest-trends","category-market-analysis","tag-europe","tag-us-china-trade-war","tag-wood-products","topic-forestry","topic-sawmilling","topic-wood-construction","topic-wood-furniture","topic-wood-based-panels","topic-woodworking-machinery","area-china","area-europe","area-north-america"],"acf":[],"yoast_head":"\nEurope might profit from the US-China trade war - 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