00000nam 2200000zi 4500 9.876257 CaOODSP 20250821075117 m o d f cr ||||||||||| 190712t20192019oncd #ob f000 0 eng d CaOODSP eng rda CaOODSP eng fre n-cn--- FB3-7/2019-20E-PDF Charbonneau, Karyne, author. The impact of a trade war : assessment of the current tariffs and alternative scenarios / by Karyne B. Charbonneau. Assessment of the current tariffs and alternative scenarios Ottawa, Ontario, Canada : Bank of Canada = Banque du Canada, [2019] ©2019 1 online resource (ii, 15 pages) : graphs. text txt rdacontent computer c rdamedia online resource cr rdacarrier Staff analytical note = Note analytique du personnel, 2369-9639 ; 2019-20 Title from cover. Includes bibliographical references (pages 14-15). "This note uses Charbonneau and Landry’s (2018) framework to assess the direct impact of the current trade tensions on the Canadian and global economies, as well as possible implications if the conflict escalates further. Overall, my findings show that the estimated impact of current tariffs on real gross domestic product (GDP) remains relatively small, which is in line with the literature on gains from trade, but the impact on trade is much larger. With a modest escalation of trade tensions, monetary policy in Canada could face a situation of rising prices and falling real GDP. This dilemma would be worse if Canada takes an active role in the trade conflict. If trade tensions rise more dramatically, the effect on Canada would depend on Canada’s access to the US market. A significant and more broad-based rise in tariffs could lead to large global impacts"--Abstract, page ii. Includes abstract in French. gccst Trade disputes gccst Tariffs gccst Economic analysis Bank of Canada. Staff analytical note (Bank of Canada) 2369-9639 ; 2019-20. (CaOODSP)9.807323 PDF 482 KB https://publications.gc.ca/collections/collection_2019/banque-bank-canada/FB3-7-2019-20-eng.pdf