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Articles on global trade

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‘The Meeting of Two Worlds,’ a sculpture at L'Anse aux Meadows, commemorates the meeting of Vikings and Native Americans around the year 1000. D. Gordon E. Robertson/Wikimedia Commons

Globalization really started 1,000 years ago

The allure of novel goods was so strong that it triggered 1,000 years of trade and interactions among people from different places, but there were limits on globalization then that no longer exist,
While tariffs have a direct impact on exporters in the US and China, third-party countries like New Zealand are more affected by non-tariff barriers. EPA/Aleksandar Plavevski

NZ remains unscathed by US-China trade war, but that’s no reason for complacency

So far, New Zealand exporters have not been affected by the trade war between the US and China, but the Hong Kong crisis could easily embroil any foreign company.
Australia’s future prosperity will require bold action on a number of fronts and a deliberate commitment to careful and considered long-term thinking. Hendra Pontomudis / unsplash

It’s time for Australia to commit to the kind of future it wants: CSIRO Australian National Outlook 2019

If the right changes are made today, Australia’s living standards could be up to 36% higher in 2060. This translates into a 90% increase in average wages (in adjusted, real terms) from today.
Fireworks explode over the Toronto skyline, during the opening ceremonies for the Pan Am Games in July 2015. Toronto is among several global cities that are driving trade in services among countries. THE CANADIAN PRESS/AP-Rebecca Blackwell

How global cities are changing international trade

Cities have not been central to public policy discussions on trade growth and diversification that are typically centred on trade pacts between countries. But cities are now driving a lot of trade.
US President Donald Trump and Chinese President Xi Jinping are set to meet again at the G20 in Buenos Aires, at a pivotal moment in world economic history. AAP/EPA/Roman Pilipey

Much at stake as Donald Trump and Xi Jinping meet at G20

At a time when the rules-based trading system is being shredded and the Paris Agreement risks unravelling, it is vital that the G20 meeting between the two superpowers is a constructive one.
Malcolm Turnbull will be relieved to have some time away from the Barnaby Joyce affair when he arrives in Washington this week. Reuters/Jonathan Ernst

China, North Korea and trade the key talking points when Turnbull meets Trump

When he meets the US president this week, the prime minister will talk about the North Korean nuclear threat, the rise of China, and the rebranded Trans-Pacific Partnership.
U.S. President Donald Trump is welcomed by German Chancellor Angela Merkel on the first day of the G-20 summit. AP Photo/Jens Meyer

Is the world ready for a strong German leader?

Merkel’s popularity at home and on the global stage continues to grow as she runs for a fourth term as chancellor.
Did the TPP die - or is it now a zombie? (Visual Hunt/Killaee)

Zombie Trans-Pacific Partnership agreement lurches on

NAFTA renegotiations may see provisions from the Trans-Pacific Partnership revive like zombies. We must remember their failures - on income inequality, labour and environmental protection.
State conservation officials from Florida and Georgia work in 2014 to remove a heavy length of fishing rope from a right whale’s mouth. FL Fish and Wildlife Conservation Commission/Flickr

New US seafood rule shows global trade and conservation can work together

A new US seafood import rule requires supplier countries to control accidental bycatch of whales, seals and other marine mammals – showing that global trade and conservation can reinforce each other.

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