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A variety of possible scenarios are examined using the KITE model, with a particular focus on the short- and long-term effects on the EU economies, especially on Germany, of a transatlantic trade war, increased trade policy uncertainty, and a comprehensive trade agreement. The results suggest that a trade war between the EU and the USA would result in substantial economic losses for both parties, with the EU experiencing a more severe impact due to its greater reliance on exports. Conversely, a comprehensive trade agreement could generate significant economic benefits, particularly for Germany's export-oriented economy. A particular strength of the study lies in its detailed analysis of regional effects within Germany. It shows that the effects of a trade conflict or deal can vary greatly between regions. The study emphasises that a robust trade agreement could generate economic benefits and contribute to stabilising the rules-based multilateral trading system. It also highlights the need for the EU to adopt a proactive and strategic approach.","onlinedate":"2025-05-23 02:00:00","lang":"German","publication_series":"","publication_date":"20250523","publication_date_year":"","publication_date_full":true,"publication_num_pages":"121","keywords":"[]","jelcodes":"[]","related_publications":"[]","pdf":null,"zip":null,"link":"https:\/\/www.familienunternehmen.de\/de\/publikationen\/transatlantische-kooperation-statt-zollkrieg","monthly_report":false,"monthly_report_main":false,"monthly_report_volume":"","monthly_report_pages":"","monthly_report_pages_sort":"0","issue":"","journal":"","publisher":"Stiftung Familienunternehmen","invisible":false,"external":false,"embargo_date":null,"types":[81966],"research_groups":[3491],"collaboration":"","persons":[3547,4986,5123,17327],"persons_data":"[{\"personId\":3547,\"personName\":\"Elisabeth Christen\",\"organisationNames\":[]},{\"personId\":4986,\"personName\":\"Gabriel Felbermayr\",\"organisationNames\":[]},{\"personId\":5123,\"personName\":\"Hendrik Mahlkow\",\"organisationNames\":[]},{\"personId\":17327,\"personName\":\"Alexander Sandkamp\",\"organisationNames\":[\"IfW\"]}]","clients":[10958],"subclients":[],"partners":[],"topics":[],"host_publication_title":"","host_publication_subtitle":"","place_of_publication":"M\u00fcnchen","host_publication_editors":"[]","type_description":"","output_media":"","chapter":"","article_number":"","scientific_assistance":"[\"Fr\u00f6hlich Irene\"]","scientific_review":"[]","version":"","release_date":null,"expiration_date":null,"surveyor":"","research_assistance":"","edv":"","additional_info_de":"","additional_info_en":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.5 (Yoast SEO v26.5) - 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