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2Q19 Policy Outlook: Traveling Without Moving, Six Deals to Watch

Ags - Grains/Beans 251 Ags - Meat/Dairy 204 Brexit 143 China 2604 Cons. Discr. - Apparel 374 Cons. Discr. - Autos 954 Consumer Staples 625 European Union 660 India 411 Industrials - Capital Goods 470 Japan 518 Outlook 68 South Korea 510 Tariffs 1648 Trade Deals 907 U.S. 4633 United Kingdom 284

A slowdown in global trade is being accompanied by glacial progress in six of the major trade negotiations identified in Panjiva’s 2019 Outlook. (1) Brexit remains in limbo until a third British parliamentary vote due next week. The no-deal deadline for leaving the EU has effectively been moved to April 12. The autos and apparel sectors are most exposed to any increases in tariffs applied by the EU. (2) Ratification of the U.S.-Mexico-Canada Agreement appears unlikely before the summer. It is being held up in part by U.S. steel duties that have failed to prevent a 10.1% year over year ri...

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