trade

Felixstowe: Brexit Made Exporting Harder — Then We Built a System We Won’t Use

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Brexit has damaged the UK’s exports. I know this from first-hand experience. Before the vote, we exported to Ireland, Spain and Japan. After the vote, nothing. Japan might seem an odd market to lose. But like many small exporters, we sold through a distributor that bundled together drinks products for Asian markets. Mixing UK and … Read more

Trump, Tariffs, and Tantrums

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Trump tariff tantrum

Trump, Tariffs, and Tantrums The United States is facing a balance of payments problem, similar to the one Britain encountered post-World War II. Simply put, the U.S. imports more than it exports, leading to a consistent outflow of money from the country. Historical Parallel: Britain’s Post-War Struggles Before WW2, Britain’s empire functioned as a massive … Read more