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Trevor Williams

Trevor Williams

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

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Category: Politics

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 20th September 202421st September 2024

A tale of two interest rate decisions

The US Federal Reserve or Fed, and the UK Central Bank or the Monetary Policy Committee (MPC,) both made the decision on whether to cut interest rates on the same day, although, given the time difference, it happened at different points. The US Fed cut interest rates by ½% to a range of 4.75% to …

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Recent Posts

  • When is a trade deal not a deal?
  • The USA has gone Rogue
  • UK Spring statement 2025: little room for manoeuvre
  • Trump, Tariffs and the new world order
  • UK can cut interest rates a lot

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