Lucian Cernat

@lcernat.bsky.social

Head of Unit for Trade in Goods, Tariff Negotiations, #TBTs, Customs, #RoOs. Maker of #tradeXpresso. #Mode5. #GVCs4LDCs. Ex DG TRADE ChiefTradeEconomist. Opinions personal.

#tradeXpresso: Global trade policy is at a crossroads. A new paradigm –Trade Policy 3.0– is emerging, based on resilience, economic security, geopolitical rivalries and weaponised dependencies. New ECIPE brief🧾: How will trade policy evolve in Tomorrowland? ecipe.org/publications...

Trade Policy 3.0: Three Scenarios for Tomorrowland

Global trade policy is at a crossroads. For decades, trade liberalisation was guided first by macroeconomic principles – Trade Policy 1.0 – and later by firm-level insights and global value chain

ecipe.org

Chart du jour: when it comes to US tariffs, nobody really knows anything (for sure). But this is how US tariffs could look like if today's US Court of International Trade ruling will roll back tariffs prior to the Liberation Day. Source: Based on the IMF-WTO Tariff Tracker.

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