Podcast: Trade war or trade bargain?

About the author:

Michael Knox
Author name:
By Michael Knox
Job title:
Chief Economist and Director of Strategy
Date posted:
19 March 2018, 10:59 AM

Poorly-informed public debate would suggest that the USA has recently embarked upon a "Trade War" against other important members of the World Trade Organisation.

Closer examination shows that the US has a lower trade-weighted average import tariff than either the European Union, Australia, China or India. The American President has talked about dumping duties and raising tariffs to levels which mirror those of the European Union and China.

Another solution might be that the European Union and China reduce their import tariffs down to the lower level, that the US charges them, for importing their products.

Perhaps the Europeans and the Chinese might bring actual sincerity to the debate on international trade rather the pretend sincerity of Jean-Claude Juncker.

Podcast

Listen to the podcast for the full analysis or clients can login to view my report.

More information

Morgans clients can login to access my full report: 'Trade war or trade bargain'. Alternatively, you can view more analysis from Michael Knox by clicking on 'economic strategy' in the popular topics list to the right of this page, or listen to his full playlist of podcasts on Soundcloud. Alternatively, contact your Morgans adviser or nearest Morgans branch.

Disclaimer: The information contained in this report is provided to you by Morgans Financial Limited as general advice only, and is made without consideration of an individual's relevant personal circumstances. Morgans Financial Limited ABN 49 010 669 726, its related bodies corporate, directors and officers, employees, authorised representatives and agents ("Morgans") do not accept any liability for any loss or damage arising from or in connection with any action taken or not taken on the basis of information contained in this report, or for any errors or omissions contained within. It is recommended that any persons who wish to act upon this report consult with their Morgans investment adviser before doing so.

  • Print this page
  • Copy Link