I warned before the June 2016 Brexit referendum that Brexit was all about politics, and Boris Johnson’s bid to become prime minister: “All the evidence suggests that his real motive for deciding to lead the Leave campaign was that – win or lose – this would make him the likely successor to David Cameron as […]
Chemicals and the Economy
Current shipping costs = 9% trade tariff
I noted in June that P&G were reviewing their global supply chain strategy, as a result of higher oil prices. Now a study by Canadian Bank CIBC suggests the rise in shipping costs equals a ‘9% tariff on trade’, adding that ‘the cost of moving goods, not the cost of tariffs’ is now the ‘largest […]
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