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 …
Deal or no deal?
We need to talk about Brexit. July should have seen a Brexit deal ratified at the European Meeting of ministers. That did not happen. And, to state the obvious, at the time of writing, an agreement has not been made. And, with PM Johnson publicly saying that no deal would be a ‘good outcome’, the …
Globalisation is not the cause of the pandemic
Since the appearance of COVID-19, there has been a massive decline in global trade. World Trade Organisation figures suggest that it could fall be about a third this year. But some context is required here. The reduction is taking place mainly due to the voluntary shutdown of the global economy to fight the Coronavirus. This …
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