Catherine McBride - Profile and Journalist Details
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Writer, Briefings For Britain
United Kingdom
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Business, Food, Gardening, Lifestyle, Human Interest , Cooking, Parenting, Health , Finances, Technology , Religion
Infrastructure
Content
By Catherine McBride| wp.me@ The world of economics is twittering about trade – a subject that most of them have never looked at carefully or don’t understand. The Old Guard are sure Trump’s new tariff rates will drive the world back to the 1930s style depression, and the Young Turks are using AI to reengineer the maths behind the tariff rates while also ignoring all of the countries given a 10% tariff rate that don’t fit their model.
By Catherine McBride| Briefings For Britain Verified The OBR is holding on to its expectation that Brexit will ‘reduce the overall trade intensity of the UK economy by 15 per cent in the long term’ (paragraph 2.54 of https://obr.uk/economic-and-fiscal-outlooks/#chapter-2). This is despite the last UK trade figures showing total trade from 2019 to 2024 up 2.9% excluding precious metals and after accounting for inflation, i.e. only a little below the growth in real GDP (3.6%).
By Catherine McBride| wp.me@ The world of economics is twittering about trade – a subject that most of them have never looked at carefully or don’t understand. The Old Guard are sure Trump’s new tariff rates will drive the world back to the 1930s style depression, and the Young Turks are using AI to reengineer the maths behind the tariff rates while also ignoring all of the countries given a 10% tariff rate that don’t fit their model.
Company Info
Briefings For Britain