Trade

NAFTA to USMCA – what’s in a name?
NAFTA to USMCA – what’s in a name?
What’s in a name? According to US President Donald Trump, it is the difference between the “worst trade deal ever made” – as he called the North American Free Trade Agreement …
Tit-for-tat-for-tit-for-tat
Tit-for-tat-for-tit-for-tat
The US is moving quickly to follow through on Trump’s threats to further escalate his trade war with China (now is as good a time as any to say that the trade war has officially…
Trade is not just about tariffs
Trade is not just about tariffs
Amid the clamour of the current shouting-match about tariffs, two sometimes-forgotten facts in international trade should be noted. First, tariffs are not the only distortion…
US-China trade: joke’s over
US-China trade: joke’s over
Once entertaining, the Trump administration is becoming unfunny. In less than a week the trade dispute between China and the US has escalated to cover what will quite likely be…
Is Trump ready to bear the cost of a trade war?
Is Trump ready to bear the cost of a trade war?
Agree or disagree with his conclusions, we owe Hugh White thanks for forcing us to grapple with “the China challenge”. White’s writings have stripped away much of the easy, high…
American trade policy returns to “aggressive unilateralism”
American trade policy returns to “aggressive unilateralism”
America’s new haphazard and confrontational approach to trade policy under President Donald Trump is rapidly taking shape. Risks of escalating protectionism and a damaging trade…
Free trade is being deferred but not reversed
Free trade is being deferred but not reversed
This is the first in a three-part series on the future of world trade from a global (part 1), Asia Pacific (part 2) and Australian (part 3) perspective. Is protectionism on the…
TPP: With one down, can 11 stand?
TPP: With one down, can 11 stand?
Reports of the death of the Trans Pacific Partnership (TPP) were exaggerated – or at least premature. Move over a TPP of 12 nations (TPP12) and make way for TPP11, the lower…
Lessons from India on migration’s role in trade policy
Lessons from India on migration’s role in trade policy
Prime Minister Turnbull yesterday carefully signalled a potential India-Australia Free Trade Agreement is not a priority for his government. This comes after the Abbott Government…
Why the TPP should be saved
Why the TPP should be saved
Perhaps there is, as Ross Garnaut has argued, no silver lining to Donald Trump’s economics. But there may be a small silver lining to Trump’s rejection of the Trans Pacific…