US Taxation and Trade Policy – Assessments of Worldwide Implications and Preferred Policy Measures

In the April edition of ifo‘s World Economic Survey (WES) participants were asked to assess the changes induced by US tax and trade policy reforms. A clear majority of survey participants expect the changes in US trade policy to have a negative impact on their respective countries, as well as on the USA. Their assessment of tax reform is more differentiated: while around half of the experts surveyed expect reforms to have a negative impact on their country, the majority believes that the USA will benefit from this reform.