World Trade

The whole world is affected by the coronavirus pandemic. This means that the demand for medical supplies has been higher than ever before. At the same time, global supply chains are being hampered by restrictions in air freight and ocean freight capacity due to grounded planes and blanked sailings.

From a trade deal point of view, this is going to be a very interesting year. The main players in the negotiations for these trade deals are the United States and the United Kingdom, both of which have new trade deals to negotiate with the European Union. And the United States only signed a “phase one” deal with China, which means there is much more to be agreed on there too.

The past month has been extremely busy when it comes to Brexit news. But there was more happening in the world of global trade. Same as last month: an update on free trade agreements that were signed, negotiated, or announced.