One deal down. Many, many more to go. Except there was less to that much-touted US-UK trade deal than either government is suggesting and far tougher US talks with China and the EU are still to come.
In this week’s episode of The Weekly Briefing from Capital Economics, Group Chief Economist Neil Shearing and Head of China Economics Julian Evans-Pritchard unpack what was actually agreed between the US and UK, and look ahead to this weekend’s pivotal US-China negotiations in Switzerland.
Julian discusses the outlook for China’s exports following their remarkable post-pandemic surge and considers what further stimulus measures might be on the cards. Neil assesses the broader state of global trade ahead of the looming expiration of Donald Trump’s 90-day reciprocal tariff pause.
Neil also offers a preview of our major upcoming series on the future of Europe – an in-depth project that cuts through the recent optimism to deliver clear-headed analysis, robust data, and compelling presentations.
Events and analysis referenced in this episode
The Future of Europe
Data: Tariff Impact Model
Data: China Labour Market Indicator