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EU-US trade structure and risks. ESRI Working Paper 694 January 2021.

Daly, Luke and Lawless, Martina (2021) EU-US trade structure and risks. ESRI Working Paper 694 January 2021. [Working Paper]

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    This paper maps out the trade relationship in goods between the two largest trading blocs in the global economy – the EU and US. We use detailed product category information to provide an in-depth description of current trade flows between the two markets, with a particular focus on how Irish-US trade patterns compare to those of the EU overall. Along with the overall size of the trade flows, we highlight the extent of diversification in terms of the number of products particularly dependant on the US market. We then examine the structure of current bilateral tariff rates and how these vary across product types. This is done at the most granular level possible, using the product level trade flows compiled by the United Nations and matching them to current tariff levels. This structure is then used to assess potential changes proposed to these tariffs, using the US June 2020 tariff announcement and EU retaliation as illustrations.

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    Item Type: Working Paper
    Subjects for non-EU documents: EU policies and themes > External relations > EU-US
    Countries > Ireland
    EU policies and themes > Policies & related activities > economic and financial affairs > trade policy
    EU policies and themes > External relations > international trade
    Subjects for EU documents: UNSPECIFIED
    EU Series and Periodicals: UNSPECIFIED
    EU Annual Reports: UNSPECIFIED
    Series: Series > Economic and Social Research Institute (ESRI), Dublin > ESRI Working Papers
    Depositing User: Daniel Pennell
    Official EU Document: No
    Language: English
    Date Deposited: 11 Aug 2021 11:29
    Number of Pages: 46
    Last Modified: 11 Aug 2021 11:29

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