Tag: exports

Six charts to mark “Brexit at 10”

Here is a selection of charts designed to challenge some of the shakier claims about the economic impacts of Brexit, including on the pound, investment, food prices, trade, and overall GDP. Many newspapers and magazines have published sets of charts to mark the tenth anniversary of the UK’s vote to leave the EU – most … Continue reading Six charts to mark “Brexit at 10”

What to make of Trump’s tariffs?

Here are the slides from a presentation I gave today to sixth form students at a school in Reading. It features a discussion of the pros and (mostly) cons of the new US tariffs policy and concludes with a recommended book and a film for budding economists! What to make of Trump's tariffs (9 May … Continue reading What to make of Trump’s tariffs?

Trump’s ‘reciprocal tariffs’ make no economic sense

The Trump administration’s decision to impose additional tariffs on imports into the US is bad economics, motivated at least in part by bad politics. TTo recap, the new “reciprocal tariffs” will be set according to the 2024 figures for US trade in goods - completely ignoring trade in services. They are based on a formula … Continue reading Trump’s ‘reciprocal tariffs’ make no economic sense