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Tariffs will test not reconfigure global supply chains

Location:

UNITED STATES-CHINA

The United States and China are imposing tariffs on over 50 billion dollars of the other’s imports -- and threaten more

Non-US, non-tariff protectionism is rising rapidly

Location:

INT

Fears abound about US-China tariffs, but rising non-US, non-tariff trade nationalism posesa larger threat to world GDP

US-China tariffs will prompt supply chain switching

Location:

INT

Industrial policy in both countries aims to stimulate indigenous manufacturing

Brexit will exacerbate UK regional inequality

Location:

UNITED KINGDOM

Prosperous regions will be most affected by Brexit but will also recover faster, similarly to after the 2008-09 crisis

US auto autarky ambition could cut world trade and GDP

Location:

INT

The EU taxes US cars at 10%, firing an auto surplus; the US taxes EU cars at 2.5%, firing a deficit and troubling Trump

US container traffic must overcome challenges to rise

Location:

UNITED STATES

Last month’s collapse of a bridge in Baltimore, blocking access to its harbour, has focused attention on container ports

Trade shifting from multilateralism to smaller groups

Location:

INT

The WTO meeting may struggle to reach agreement on fishing and farming, let alone on dispute resolution or digital trade

Widening global imbalances raise geopolitical risks

Location:

INT

The German and US external balances have worsened while China, Russia and Saudi Arabia’s surpluses have improved

Pride and politics will push Turkey to recession

Location:

TURKEY

A sudden deterioration in US-Turkish relations has plunged Turkey into a debt and liquidity crisis

German exports may remain strong despite Brexit, Trump

Location:

GERMANY

Germany competes primarily on quality, but the weak euro has also improved its price competitiveness