2019 saw a variety of unexpected developments in global trade – we look at what we got wrong and what might happen next in topics ranging from Asian trade deals to U.S. autos. U.S. Steel’s plant closure shows that tariffs don’t always deliver the intended outcomes. Also: Japan Tobacco, Philip Morris face pressure after cigarette imports light up; Electrolux leads as tariffs change the shape of U.S. washer imports; Cargill key to Zimbabwe’s Mexican corn call; divergent reaction to trade war relief seen in export sentiment surveys; phase 1 set for sprint-to-the-line; Iran-U.S. rhetoric rai...
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