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December 16, 2024

Global | Tariffs, a trade instrument or a covert financial strategy?

Both Mario Draghi in Europe and Donald Trump in the United States support the increase in tariffs on Chinese imports, but with objectives that seem to reflect different historical conceptions of the wealth of nations.

December 9, 2024

Spain | The impact on the economy of the increase in US trade tariffs

It may well be negative in the short run, although it should be cushioned by the relatively low direct exposure of the Spanish economy to trade with the US. In the medium term, the outcome will be determined by the goals set by the new US President and the economic policy responses, both in the eurozone and in Spain.

December 2, 2024

Global | Calm amidst uncertainty

What does the second coming of Donald Trump mean for the perspectives of the global economy? The truth is it’s very hard to say.

September 23, 2024

US | Elections and inflation

The upcoming presidential elections in the US will be, without doubt, one of the most epic political and economic milestones in recent times.

January 27, 2020

US-China trade deal: a brake on slowdown in China

In 2019 as a whole, and in the midst of trade tensions with the US, China grew by 6.1%. This represents half a point less than in 2018, close to the lower-end of the official growth target range of 6–6.5%, representing the lowest on record since 1990.

December 30, 2019

North American Trade Agreement: An Excellent Opportunity For Mexico

Mexico, Canada and US have reached an agreement to renew the North American Free Trade Agreement (NAFTA) entered into 25 years ago and which president Donald Trump promised to renegotiate during his electoral campaign. It's important to remember that an understanding had already been reached in December of last year.

October 7, 2019

The US-China Trade War: The New Normal

The ever-escalating trade war between the U.S. and China has become a "new normal" in the international trade scene. Since January 2018, the U.S. average import tariffs on Chinese goods have risen from 3 to 23 percent. Meanwhile, China's retaliatory import tariffs on U.S. goods rose from 7 to 24 percent.

July 1, 2019

Sintra, beyond the tweet of Trump

Central banking forums are particularly interesting, providing as they do an environment where one can take a step back from the volatile present and, even more importantly, take perspective and ask oneself where it is that we are heading.