This is brilliant guys – Thanks a million for taking the time to write this and for explaining about tariffs in clear and uncomplicated language (Unlike other news sources). Keep up the great work
Also Tariffs do exist even where FTAs exist. FTAs provide the opportunity to legally avoid tariffs. There is much trade compliance work required to benefit from the preferential rates afforded by Free Trade Agreements - however even when an FTA has been agreed by 2 parties, the default position is MFN trade term - which means tariffs!
This is brilliant guys – Thanks a million for taking the time to write this and for explaining about tariffs in clear and uncomplicated language (Unlike other news sources). Keep up the great work
Thanks so much Andrew - as I always say when soemone is kind about our work: please tell your friends! Cheers.
Great piece guys 👍
Trump has decided to “tough” this one out … no reversals for him!! He’s not for turning!
When his beloved billionaires come with their begging bowls re their thrum-induced stock losses … will he ignore them?? I suspect not!
Also Tariffs do exist even where FTAs exist. FTAs provide the opportunity to legally avoid tariffs. There is much trade compliance work required to benefit from the preferential rates afforded by Free Trade Agreements - however even when an FTA has been agreed by 2 parties, the default position is MFN trade term - which means tariffs!
In my defence, I do hint at this in the piece. But yes, you are absolutely right.
Tbh, Russia & North Korea are heavily sanctioned already
Indeed. I guess i was just trying to be a little facetious.
Oops should have understood that