The EU isn’t protectionist – it’s one of the most open economies in the world

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Series Title
Series Details 14.07.17
Publication Date 14/08/2017
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US President Donald Trump criticised the EU in July 2017 for being protectionist, and several political figures in the UK have suggested that Brexit will allow the country to remove protectionist tariffs and regulations to boost trade.

But how accurate is this claim in reality? Using data on various aspects of trade, Mark Manger and Atom Vayalinkal argue that the EU is no more protectionist than the United States is, and would rank as one of the most open economies in the world overall.

Source Link Link to Main Source http://blogs.lse.ac.uk/europpblog/2017/08/14/the-eu-isnt-protectionist-its-one-of-the-most-open-economies-in-the-world/
Related Links
Politico, 25.07.17: Donald Trump: EU is ‘very protectionist’ http://www.politico.eu/article/donald-trump-eu-is-very-protectionist/
Blog: LSE Brexit, 24.10.17: The EU isn’t protectionist – it’s one of the most open economies in the world http://blogs.lse.ac.uk/brexit/2017/10/24/the-eu-isnt-protectionist-its-one-of-the-most-open-economies-in-the-world/

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