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Trevor Williams

Trevor Williams

Economist, Visiting Professor, Lecturer, Writer, Public Speaker.

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Category: Economics

Posted on 12th May 2025

When is a trade deal not a deal?

There’s so much wrong with the recent trade agreement between the US and the UK that it’s difficult to know where to start. First, it’s not a trade deal as it does not reduce tariffs or set the terms for trade between the two countries; instead, it is an agreement about a potential deal. But …

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Posted on 19th March 2025

Trump, Tariffs and the new world order

Economists generally agree on few economic theories, but the negative impact of tariffs is one of them. The theory advocating for free trade without tariffs or barriers between countries was first articulated by Adam Smith in 1776 in “The Wealth of Nations,” showing that even if a country has an absolute advantage in producing goods, …

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Posted on 29th January 202515th February 2025

UK can cut interest rates a lot

In recent months, official interest rates have been cut worldwide as inflation has fallen sharply from the peak of over 9% following the end of the Pandemic and Russia’s invasion of Ukraine, which drove up global food and energy prices, see chart 1. Global price inflation has fallen to the rates before the Pandemic and …

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Recent Posts

  • UK fiscal position: one event away from crisis
  • UK Spending Review 2025 – up against the limits
  • The philosophical underpinnings of free trade and free markets
  • When is a trade deal not a deal?
  • The USA has gone Rogue

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