Welcome to our expert trade hub, where you can stay up to date and explore insights from our leading experts on Australia’s most pressing International Trade matters.
The opportunities, complexities and challenges for both business and government in effectively managing International Trade have never been greater. Are you up to date with the latest developments that could impact you?
Recent tensions between the US and China have led to escalating concerns that an all out trade war is imminent. US tariffs and retaliatory tariffs from China, the EU and other countries are a clear deviation from past strategy and the pursuit of market liberalisation by major economies. These measures are having a tangible, negative economic impact on global markets with trade volume growth declining to its lowest in several years.
These changes have brought everyday issues of trade and commerce to the attention of policymakers and business leaders worldwide. However, the rising tariffs represent the tip of the iceberg when it comes to barriers to trade. There are numerous non-tariff barriers to trade which are less visible but are equally restrictive and costly for businesses to deal with. Import permits, licensing requirements and excessive regulatory requirements can be just as, if not more damaging to Australia’s international trade profile as tariffs.
Game of Trade
Remove complexity with a ‘Trade Community System’ which links key supply chain information and ensures trust in that information by using blockchain technology.
The role of FTAs for Australia’s ongoing prosperity
Stephanie Males
Partner, Integrated Infrastructure, ACT Leader, Canberra Managing Partner & Global Trade Lead, PwC Australia
Tel: +61 (2) 6271 3414
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