One month on from the end of the Brexit transition period and the dust may have settled on the 11th-hour agreement reached between the EU and UK, but many businesses and individuals are still coming to terms with the reality of what it means for them. Although the agreement was lauded as a success, what …
Is the focus on tariffs on goods missing the point? Part two
As I discussed last week, global economic growth is at risk from the US government’s imposition of tariffs on trade with China. But the focus on physical trade in goods is also missing an important point: the future, and the present, for some countries, is more about data flows than physical products. Unlocking the benefits …
Continue reading “Is the focus on tariffs on goods missing the point? Part two”
Is the focus on tariffs on goods missing the point? Part one
One of the significant risks to global growth this year just got bigger. Last week, the US increased tariffs by 25% on $325bn worth of Chinese goods. But, in reality, it’s a tax on US consumers who have to pay it to the US government, and will therefore slow economic growth in the US. By …
Continue reading “Is the focus on tariffs on goods missing the point? Part one”