Tag: Unilateral Free Trade

Why the IMF’s no-deal Brexit warnings are way over the top

The IMF is the latest official body to predict economic catastrophe – or at least a prolonged recession – if the UK leaves the EU without a deal. To be fair, the analysis presented in the IMF’s April World Economic Outlook is a good example of its kind and relatively easy to understand. Nonetheless, the conclusions are … Continue reading Why the IMF’s no-deal Brexit warnings are way over the top

Why we should cut tariffs, whether others follow or not

On the morning of 13th March the government confirmed that it intends to eliminate 87% of tariffs on goods imported into Britain, but only if the UK leaves the EU without a deal, and only for an initial 12 month period. This plan therefore raised just two cheers from me. However, as I write this, … Continue reading Why we should cut tariffs, whether others follow or not