The Trade Deficit is Fake News and a Quick List of Real Trade News

The Marshall Plan: Trade Insights

Hi everybody Thursday, 1 August this week I want to do a little bit of a deep dive into the trade deficit why I think it's a distorted number and how customs valuation will help unlock the secrets to understanding it.

First let's do a bit of Roundup of trade news: (1) China US trade negotiations in Shanghai what may come out of it (2) No Deal brexit? what does that mean? (3) the US policy paper on the developing country status at the WTO; (4) Japan - Korea trade dispute and (5) the exclusion process in China to exclude US origin items from China's retaliatory duty in the ongoing trade dispute. Let's get into it

This is going to be the format that I try to follow going forward. We had a couple of unique episodes this week mostly because of the Hong Kong protests which I think are important for people to understand and also that the US China trade negotiations resumed earlier this week but ordinarily I'm just gonna be doing one weekly episode, I'll be giving you some important or key trade news updates and I'll do a short deeper dive into one particular topic.

So hopefully you found the news update useful or practical again I'm gonna try to put these links to the sources if you're interested into the show notes. If i'm not able to do that successfully or as quickly as you like, feel free to email me and i'm happy to share the links

Show links

1.) US-China Trade Talks End With No Deal in Sight

2.) No-Deal Brexit 'Up To The EU' Says Boris Johnson But Is Brussels ...

3.) https://www.whitehouse.gov/presidential-actions/memorandum-reforming-developing-country-status-world-trade-organization/

4.) https://www.meti.go.jp/english/press/2019/0701_001.html

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