Chart from our new paper with @jbenford-berlin.bsky.social, in which we mapped EU and UK trade vulnerabilities (and offered some ideas why the two should collaborate), published earlier this week.
Chart from our new paper with @jbenford-berlin.bsky.social, in which we mapped EU and UK trade vulnerabilities (and offered some ideas why the two should collaborate), published earlier this week.
(A chart from the forthcoming piece of work...)
(A chart from the forthcoming piece of work...)
(That's not to say it's sufficient to meet what Ukraine needs, especially given where the conflict stands right now)
(That's not to say it's sufficient to meet what Ukraine needs, especially given where the conflict stands right now)
That said, I think the markets currently underprice the more permanent shift in US trade policy, esp the medium-term tightening of import openness.
That said, I think the markets currently underprice the more permanent shift in US trade policy, esp the medium-term tightening of import openness.