The last 24 hours have been frustrating and, frankly, a little weird. ‘Frustrating’ because the benefits of the new UK-India trade deal – a clear Brexit win – are still being overshadowed by the row over social security contributions. ‘Weird’ because I have found myself siding with a Labour government against many people who I … Continue reading UK-India trade deal is a win-win, despite fears over NI exemptions
Category: Trade policy
President Trump is gradually undermining confidence in the dollar, one tirade at a time
Donald Trump’s latest tirade against the head of the US central bank is so obviously negative for the dollar that you have to wonder whether the President is deliberately trying to undermine the US currency. Remarkably, the answer may indeed be ‘yes’. On Monday, Trump used his social media platform to call Federal Reserve Chair … Continue reading President Trump is gradually undermining confidence in the dollar, one tirade at a time
US tariff war exposes Europe’s double standards on trade
Donald Trump has started a tariff war based on awful economics, with little thought to the consequences for US businesses, consumers or markets, and no clear end game. But the US does have some legitimate grievances about the trade policies adopted by other countries – and not just by China. For the last forty years … Continue reading US tariff war exposes Europe’s double standards on trade
A presentation on the UK economy and monetary policy
Here are the slides from a presentation I gave earlier today to the Shadow Monetary Policy Committee hosted by the IEA. This covered the latest news on the global and the UK economies, the state of play on tariffs, the economic consequences of Mr Trump, how central banks should respond, and how I would vote … Continue reading A presentation on the UK economy and monetary policy
Plain-speaking Economics 