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Trade Watch 2019

Posted by on Jan 15, 2019 | 0 comments

Follow Email Not surprisingly, given the challenging issues that were on our Trade Watch 2018, several have come over into 2019, unresolved and in some cases even more complex. Here are the issues we will be following in Trade Watch 2019.   NAFTA Re-negotiated: NAFTA has been re-negotiated and the US Mexico Canada Agreement (USMCA) concluded. So, that’s one issue resolved – except that the USMCA left in place the US tariffs on steel...

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Trade Watch 2018

Posted by on Jan 15, 2019 | 0 comments

Follow Email Here are the trade issues we will be watching through the course of 2018: Brexit: The two-year period for UK to negotiate its exit from the EU began on 29th March, 2017. Can the 30th March 2019 deadline be met? How will the anti-trade sentiments that fueled Brexit impact the negotiations? How are Brexit and these negotiations shaping Britain’s relationship with the EU and the rest of the world? Trump on Trade: Since...

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What is a Tariff Anyway?

Posted by on Sep 9, 2018 | 0 comments

Follow Email A few weeks ago (July 2018), I led a seminar on international trade for high school students which brought home to me how much misunderstanding exists about what is a tariff. The assumption was that tariffs are inherently protectionist. The current use of tariffs by the Trump Administration to protect the U.S. steel and aluminum industry makes it easy to reach that conclusion. But many countries impose tariffs on products even...

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UK Brexit Proposal: Services and Investment

Posted by on Aug 7, 2018 | 0 comments

Follow Email UK Brexit Proposal: Services and Investment   Freedom of businesses and professionals to provide services anywhere within the European Union(EU) is a core principle governing the EU Single Market for Services. And the EU single market has been good to UK service providers – UK firms provided over 14% EU audit and accountancy imports in 2016; and UK-located banks underwrote about ½ of the debt and equity issued by EU...

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Trump Trade Agenda

Posted by on Apr 15, 2018 | 0 comments

Follow Email The Trump trade agenda is in the news. Since January (2018), the Trump Administration has imposed tariffs on steel and aluminum imports, started a trade war with China, and re-negotiated the 6-year old Korea-US Free Trade Agreement (KORUS). The Administration also continues NAFTA re-negotiations and most recently is considering having the U.S. re-join the Trans Pacific Partnership (TPP) Agreement left within three days of Trump...

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Trade Watch 2018: Brexit

Posted by on Apr 1, 2018 | 0 comments

Follow Email On March 29, 2019 the United Kingdom (UK) is scheduled to leave the European Union (EU). On what terms? What will Brexit mean for the future of the UK’s trading relations with the EU and the rest of the world? Just over a year ago (on March 29, 2017), UK Prime Minister, Theresa May, informed the EU of its intention to withdraw from the European Union. Her act honored the outcome of the June 23rd Brexit referendum.This act...

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