FEP - Tariff Shocks: The Role Of Value Chains In Europe
By Raju Huidrom, Economist, Emerging Economies Division, European Department of the IMF; Carlos Mulas-Granados, Senior Economist, European Department of the IMF; Laura Papi, Assistant Director, Asia and Pacific Department of the IMF, heading the South Asia division; and Emil Stavrev, Deputy Division Chief, Emerging Economies Division, European Department of the IMF
The Czech Republic exports only a small number of cars and car parts directly to the United States, but it's likely to suffer significant economic damage if that country were to impose tariffs on auto imports. The reason: the Czech Republic supplies parts that