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There are different ways to think about the economy. Economic reality will routinely present any policymaker with challenges that require actions in the short term: crises that motivate cyclical...

On May 19 the UK and EU started a new phase in their turbulent history. By agreeing a future program of work including negotiating alignment on food and drink regulations (SPS) and emissions trading...

It’s an occupational hazard of a trade economist, perhaps, that you will get your holiday disrupted by Trump’s trade tirades. At any rate, this is what happened to me as I went for an Easter...

This article is co-authored with Nathan Howard Gray, Senior Research Fellow at the Institute for International Trade, University of Adelaide. Defying expectations, the United States and China have...

Six weeks after President Trump’s “Liberation Day”, in which he imposed “reciprocal tariffs” on the world, United States (US) trade policy remains predatory, volatile, and...

Trade talk has gone mainstream as a result of President Trump’s actions. On top of reporting costs and uncertainty to business this has meant numerous bold statements like the world never being the...

A question that is haunting the EU and other key trading partners of the United States is whether they should retaliate against Trump’s tariff assault. So far, the EU’s response to the Trump...

This blog post is based on an article published in El País on the 13th of April 2025. The original article can be found here. Julia Roberts won an Oscar for her leading role in Erin Brockovich,...

There was a small sigh of relief in the UK when President Trump finally reached the country in his tariff scoreboard revealing the lowest possible number of 10%. Limited, because with 25% on steel,...

“There are weeks when decades happen”, Lenin famously said. The first two weeks of April this year have been such an event: major foundations of the global economic order have been shaken. The...