Publications
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418 Publications found…
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Blog post 2 March 2026
Asia cannot just wait for Trump to chicken out
View postSummary Non-CITP publication
US President Donald Trump’s 2025 tariff agenda has been marked by sweeping threats, frequent reversals and unpredictable enforcement, fuelling complacency among trading partners. Yet effective US tariffs remain historically high, and many countries have made costly concessions to avoid harsher measures. Even if some tariffs are struck down legally, Trump may deploy alternative powers to impose new ones. With US trade increasingly risky, Asia must deepen regional integration and strengthen WTO-based multilateralism without relying on Washington.
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Working Paper 26 February 2026
The elasticity of imports to MFN tariffs
By Nicolò Tamberi et al.
View postSummary CITP publication
This paper estimates the elasticity of imports to Most Favoured Nation (MFN) tariffs.
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Podcast 25 February 2026
Progress on the EU-UK reset
View postSummary CITP publication
Series 8, Episode 3 - This episode discusses the reset package under negotiation between the UK and the EU. Last May, the two sides agreed to align their regulatory systems in a number of sectors, aimed at minimising friction at the border, and thereby stimulating bilateral trade. It will include regulatory alignment for agriculture and food products, linking of emissions trading schemes, integration of the EU and UK electricity markets, and a youth mobility scheme. The trick is making these outcomes happen through detailed negotiations on regulatory policy. Eight months on from the summit meeting, and with a review of the UK-EU Trade and Cooperation Agreement set for this year, just how far have we got? How transformative will these negotiations prove to be for cross-channel trade in the affected sectors? With our host Chris Horseman (Borderlex); Emily Lydgate (CITP); Adam Berman (Energy UK); Kate Foster (Federation of Small Businesses).
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Blog post 21 February 2026
The Supreme Court ruling on Trump's tariffs leads to more uncertainty
By Michael Gasiorek.
View postSummary CITP publication
This blog looks at the implications of the Supreme Court ruling for Trump’s tariff policy.
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Working Paper 20 February 2026
The trade elasticity from tariff-based regressions: what do we measure?
By Nicolò Tamberi et al.
View postSummary CITP publication
This paper demonstrates that ignoring low preference utilisation rates leads to a fundamental mismeasurement of trade elasticity and systematic overprediction of the trade effects of FTAs.
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Blog post 18 February 2026
Playing it safe? Economic security and the UK’s trade policy
View postSummary CITP publication
This blog summarises how economic security objectives intersect with trade policy.
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In The Media 12 February 2026
UK trade deficit for goods hits record high in 2025 (FT)
View postSummary CITP publication
This article by the Financial Times addresses the gap between UK imports and exports of goods in 2025, the widest on record. Includes comment from Michael Gasiorek as he urges Britain to “think strategically” about moving away from the importance of the US as an export market, as the country has become “an unreliable partner”, adding that leaving the EU “has had a negative impact on our competitiveness and on our exports across a range of sectors”.
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Podcast 11 February 2026
The geopolitics of critical minerals and recent approaches to trade cooperation
View postSummary CITP publication
Series 8, Episode 2 - Critical minerals are ‘critical’ to the manufacture of vital 21st century products as electric vehicles, mobile phones, solar panels, clean technology, and defence equipment. These mineral reserves are also found in considerable quantities outside of non-Western countries. China has been quick off the mark in building out the processing and manufacturing infrastructure that gives them supply chain dominance but creates risks of supply chain weaponisation. To reduce this dependency and risk, the UK, EU, US and others have all developed different approaches to securing access to these supply chains. In this podcast, we explore what some of these approaches are, their pros and cons, and what considerations must inform sustained global cooperation on critical minerals. Joining our host Chris Horseman (Borderlex) are Sunayana Sasmal (UKTPO / University of Sussex), Dan Marks (Royal United Services Institute) and Tim Figures (Boston Consulting Group).
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Blog post 10 February 2026
UK trade policy through a global lens
By Sahana Suraj.
View postSummary CITP publication
This blog examines how the UK engages internationally through trade policy.
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Blog post 10 February 2026
UK trade policy: Domestic framework and accountability
By Achyuth Anil.
View postSummary CITP publication
This blog reviews the domestic architecture of trade policy: how trade policy is actually made in the UK
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