Trade War

Who cares about trade? Why the UK election suggests no-one does

Dr. Rebecca Harding CEO Coriolis Technologies By rights, the upcoming UK election should be an election about trade. “It’s the economy, stupid” was the message that won Bill Clinton the US presidency during the then-prevailing recession. And if economics matters to the British voting public, then this should be the one that counts. Economists are queuing up to say how much lower growth is now compared to where it would have been had the UK not voted to leave the…

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Choose your weapon: why the G20 foreign ministers will be talking about trade

Dr. Rebecca Harding CEO, Coriolis Technologies  18th November 2019   The G20 foreign ministers will do well to brush up on game theory ahead of their meeting in Japan on 22nd November. Trade is now viewed as an integral part of national security: China and the US, and Russia, are using it as means to coerce, influence and dominate as they always have, but increasingly with a strategic focus. It has become the weapon of choice in a power struggle…

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Quick Take: USA-India trade dispute

Ahead of a meeting with Piyush Goyal last Thursday, US commerce secretary Wilbur Ross has said India needs ”decisive action” for a trade deal with the US. The two countries have been in a trade dispute for many months, the US removing India from the generalised system of preferences (GSP), citing unequal access to the Indian market for US exporters. In retaliation, India has imposed tariffs on 28 US products. A trade deal between the two nations would be of…

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Quick take: Trump takes on Turkey ?

Turkeys largest imports by Nation President Trump threatened on Monday to “obliterate” Turkey’s economy if the country goes “off limits”. This comes after he tweeted his decision to withdraw US troops from northern Syria, effectively giving Turkey the green light to attack the Kurdish fighters that the Erdogan regime views as terrorists. Imposing sanctions would likely push Turkey yet closer to Russia and China, its first and third largest sources of imports ahead of the US, which comes in fifth.…

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Gaming Trade: why escalating rhetoric may make win-win hard

Rebecca Harding CEO Coriolis Technologies It may seem obscure to draw parallels between this week’s belligerence in the UK’s parliament and the US-China trade war, but they are a product of the same thing. Two years ago, it was clear that trade was being rhetorically weaponised. Politicians were using ever-more incendiary language to talk about former allies as “enemies across the table” or to talk about trade wars as being “quick and easy to win.” It was obvious at the…

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