This Policy Brief conducts an ex-ante evaluation of Donald Trump’s protectionist proposal, an increase by 10 percentage points of tariffs on all goods from all origins, except Canada and Mexico, combined with 60 percentage points of tariffs on all goods from China. US partners retaliate. World GDP declines by 0.5%, with sharp contraction in the US (-1.3%) and China (-1.3%), limited negative impact in France and Germany, and significantly positive effects on Canada and Mexico. Trade between the US and China becomes almost decoupled; US wages fall while Mexican wages rise. Trade retaliation not only punishes the US, but also allows some countries to reduce their losses in terms of trade and economic activity. Most US trading partners benefit from a more protectionist US trade policy against China. Antoine Bouët, Leysa Maty Sall, Yu Zheng

The new version of the CEPII's Country and Region Profiles visual data is online. These interactive pages present the characteristics of the involvement in the global economy of 80 countries, 8 major regions composing the world, as well as 10 economic integration areas through didactic illustrations.

The International Economics' editors Mario Larch and Valérie Mignon note that the number of submissions is continuously rising. In 2023, 501 articles have been submitted, up from the previous year. For the year 2024, we currently have got nearly 400 submitted articles. We note a strong increase in the CiteScore citation index which went from 5.7 in 2022 to 6.3 in 2023. We are ranked 20th among 288 journals in the field of economics, econometrics, finance and management in terms of citations. Furthermore, we observe a diversification of the countries of origin of submissions which continues to increase as well, with, in particular, an increase in the number of submissions coming from North America (mainly the United States) and Asia. The first three issues of the year 2024 were released in March, August and October; the last issue of the year is going to be published in December.