Complementing the technical material in the Knowledge section, the TKE here delivers commentary on key trade issues. While you won't find comments on the breaking news of the day, you will find measured, analytical thoughts on important topics and the key issues under debate.
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There are four months to go until the European Union’s October 2018 deadline for finalisation of a Brexit withdrawal agreement which can be put to the member states for ratification, and nine months until March 29 2019 when the UK, according to its withdrawal notification, will cease to be a member state. Meanwhile the complexity […]
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Twenty-eight years after they last managed it, England have made the semi-final of football’s World Cup. England’s match against the then West Germany in Turin in July 1990, came in the middle of a tumultuous time for Europe. The Berlin wall had recently come down, and German reunification was on the horizon. This time round, […]
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What role can the UK carve out for itself in global trade policy after leaving the EU? It will be able to speak with an “independent” and “distinctive” voice, will relentlessly push the case for free trade and multilateralism, and will strive to ensure that everyone is able to access the benefits of trade. That, […]
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A central plank of the UK Government’s Brexit policy is to re-establish an “independent” UK international trade policy following more than forty years of integration into the Common Commercial Policy (CCP) of the European Union. This would have been hard enough technically, even without the ill-tempered stand-off into which the Brexit negotiations have now declined. […]
Read more An “independent trade policy” is one of the main prizes proponents of Brexit wish to claim. The issue was barely mentioned during the referendum campaign. But both the Withdrawal Agreement and the Political Declaration state it as one of the main objectives for the UK. And opponents of both frequently point to provisions within these […]
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Once the preserve of trade policy wonks, GATT Article XXIV has entered mainstream political discourse in the UK. Ever since the Withdrawal Agreement negotiated between the UK and EU was first voted down in parliament, various political figures (Dominic Raab being the latest) have referred to this Article as paving the way for a “managed […]
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Immigration was one of the key issues of contention in the referendum of 23 June 2016. The desire to limit immigration for the European Union was cited as one of the main factors, if not the main one, motivating the leave vote that prevailed on the day. Since then, the Government has listed the control […]
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President Trump’s state visit has once again brought the question of a UK-US Free Trade Agreement (FTA) back into the headlines. The US administration has on previous occasions expressed its readiness to begin negotiations with the UK. And in early 2019, the US Trade Representative’s office released its negotiating objectives. The breadth and depth of […]
Read more President Trump announced on 10 May 2019 his decision to increase from 10% to 25% tariffs which were imposed in 2018 on $200 billion worth of US annual goods imports from China. The action came after bilateral trade discussions between China and the US on major differences between them failed to deliver an agreement. He […]
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Services are a vital part of the UK’s economy. They account for close to 80% of its GDP. Services exports are around 45% of total UK exports by value, and will in all likelihood overtake goods in the near future. Over the last 10 years, services exports to the EU have grown at an annual […]
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The UK and the EU-27 have agreed on an extension to Brexit, with the new deadline for the UK’s withdrawal moved back to 31 October 2019. The UK may leave the EU earlier if parliament passes the Withdrawal Agreement agreed by the Government and the EU. The Government and the Opposition have engaged in talks […]
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On 27 March, the House of Commons voted on eight approaches to “Brexit”, as alternatives to the Withdrawal Agreement negotiated between the UK and the EU in 2018. Votes on these plans were indicative i.e. they were not binding on the government. In the event, all motions were rejected, including motions in favour of a […]
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With the UK parliament showing little sign of resolving its differences of opinion with itself on the UK’s departure from the EU, the UK government has published a list of customs duties that would apply “temporarily” in the event of a “no-deal“ exit. The government says that under such arrangements 87% of imports to the […]
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