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

Ags - Grains/Beans 260 Ags - Meat/Dairy 212 Brexit 155 China 2671 Cons. Discr. - Apparel 390 Cons. Discr. - Autos 981 Consumer Staples 651 European Union 682 India 420 Industrials - Capital Goods 487 Japan 529 Outlook 78 South Korea 516 Tariffs 1675 Trade Deals 929 U.S. 4741 United Kingdom 299

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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