The UK and Canada agreed to roll over their existing trade arrangements after the transition period and developments with a Covid-19 vaccine.
A busy week in trade with the US Election results confirming President-Elect Joe Biden and potential success with a COVID-19 vaccine. Continued struggles for SMEs around the globe, as well a number of industry-leading events and announcements.
The presidential transition period which lasts until 20 January will freeze talks on a UK-US trade deal Numbers of new confirmed Covid cases continued to rise in the US, Germany and Italy.
The OECD predicted that globally, immigration will fall 46% this year due to COVID-19 restrictions and economic weakness.
Today we’re joined by UKTPO’s L. Alan Winters, talking about the power of good trade policy, how trade negotiations are done, and how to mitigate the negative effects of trade.
Gareth Bridgland from Perrys Chartered Accountants has outlined the main points to help you prepare your company well ahead of the deadline and make any required adjustments as things change.
TFG heard from Elitsa Garnizova, Senior Project Manager and Researcher, London School of Economics on the current updates and what we can expect in this UK-EU-US economic relationship.
The pandemic has been vastly disruptive. It has prompted powerful responses from the government and the private sector. The number of new cases globally appears to have stabilised. Lockdown measures early in the quarter weighed heavily on UK growth but the recovery picked up some pace in June, with GDP rising 8.7% from May.
TFG heard from Kevin Shakespeare, Director of Stakeholder Engagement at the Institute of Export & International Trade (IOE&IT), on the significant changes in how exporters and importers trade with the EU come 1st January of 2021 – the end of the transition period.
Smart Currency Business have collated predictions from major banks and highlighted key factors which may influence the pound, euro and dollar in their latest quarterly forecast.
COVID-19 has dominated the headlines for the last few months. But now, with the negotiations stepping up and the transition set to end by December, Brexit is moving back into the limelight.
As Brexit starts to make its way back to the front pages, the tensions in the negotiations to date and the significant gaps between the parties have been laid bare.
Your morning coffee briefing from TFG. Countries around the world continue to ease lockdown restrictions. The collapse in the oil price and shrinking demand has sent inflation rates tumbling. Governments in the West are spending and borrowing on a vast scale as they counter the effects of the COVID-19 pandemic.
Heavy burden is left upon UK government and private sectors as they comply with WTO rules in anti-dumping cases to impose duties on foreign exporters that are undercutting UK manufacturers.
Events such as Brexit, the US-China trade war, political unrest between China and Hong Kong dominated the headlines in 2019, have all had significant implications on global trade. However, it has not all been bad news – with increased levels of cooperation and technological innovation, the outlook for trade/finance moving into 2020 could be promising.