Global Trade - More suffering ahead

This article shows how regulation will have an enormous impact on global trade this year. With tariffs and ‘posturing’ already taking their toll, indications are that the global economy will not bounce back easily.

https://www.reuters.com/article/us-shipping-imo-costs/storm-approaching-firms-fear-for-deliveries-in-shipping-shakeup-idUSKCN1TQ0HS

Navigating this ‘soft patch’ is a tricky task for Central bankers, and I fear that simply reducing rates again will not be the ultimate saviour. Whatever the resolution is , central banks will have to start being creative.