Supply chain radar: UK-Australia FTA damp squib – more spin over substance
A story of two divorces.
Donald Trump may well be the most ridiculous politician to have graced the world stage, and his “America First” agenda has certainly worried logistics executives for months, but hard data on global trade appears to be showing another increasingly visible factor – it’s all hot air and if anyone took him seriously before, there are very few who seem to now. Multinational firms which rely on global supply chains are investing in spite of Mr Trump’s protectionist rhetoric. “Any new barriers that are actually erected as a consequence of the populist thrusts toward nationalism will get a lot of attention but have only minor macro impacts.”