UK: Australia deal to go ahead, but questions remain around “Global Britain”
Following some intense debate in cabinet, it is now likely that the UK and Australia will sign a new free trade agreement at the June G7 meeting in the UK when Australian Prime Minister Scott Morrison will attend as a guest. The UK has accepted that Australian meat exports will … Become a member […]
US/CHINA: Trade deal in danger from US election politics
● Given declining imports from the US in the first quarter, China appears unlikely to meet the ambitious purchase commitments in the phase-one trade deal. ● US President Donald Trump likely prefers to continue casting the deal as an achievement, and the pandemic offers an obvi… Become a member to read the rest of […]
US/CHINA: Phase 1 ends tariff battle, but war shifts to new fronts
● Phase 1 deal probably marks the end of the tariff phase of US-China competition. ● China’s purchase commitments could spark tensions with China’s non-US trading partners who will suffer from lost exports. ● US-China competition will shift from tariffs to export controls, inve… Become a member to read the rest of this article