Commentary
Originally international trade agreements were about reducing tariffs on trade in goods, but with growing globalisation and since the Tokyo Round Agreements in 1973 non-tariff issues such as standards, investment and employment rights have become equally, or more, important in negotiation both multilaterally and in regional associations.
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President Trump announced on 1 March that he would impose tariffs respectively of 25% and 10% on US imports of steel and aluminium. The backdrop to this dramatic action is of course the longstanding decline in US steel production, together with the sustained impact on world steel markets of Chinese overcapacity in the sector. The […]
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UK-China Trade: Eastern Promise? UK-China trade has featured highly on Theresa May’s visit to China. The Prime Minister hopes that by the end of her sojourn, a further £9 billion in commercial deals will have been secured between UK and Chinese businesses. Trade with China is a small but important part of the UK’s overall […]
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This paper explores the nature of the UK’s WTO commitments and how they might impact the UK from the date of its exit from the EU.
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This paper highlights how Brexit might directly and indirectly affect UK services trade and policy-making in this area.
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The UK does not start with a blank sheet of paper when it comes to exiting the EU. This article explores the issues encompassed by existing and continuing support for farm businesses and the rural environment, as well as the UK’s future agri-food trade relations.
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This article gives a quick primer about the rules on goods trade found in the General Agreement on Tariff and Trade (GATT).
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This article discusses The General Agreement on Trade in Services (GATS).
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Michael Gasoirek and Peter Holmes from UKTPO discuss the complications around getting agreement on grandfathering with FTA partner countries, and the role of key issues such as Rules of Origin, Most Favoured Nation clauses, mutual recognition, and tariff-rate quotas.
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Trade preferences are one of the issues that lie at the nexus between trade and development. This article discusses the Generalised Schedule of Preferences and some related issues for the UK to consider post-Brexit.
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