Today we have published a research report prepared by Grant Thornton UK LLP (Grant Thornton) for the Trade Remedies Authority (TRA). This report explores the toolkit of methodology options that we could use in our evaluation to measure the impacts of …
The TRA conducts investigations into allegations of unfair trading practices and makes recommendations to government on appropriate measures (such as tariffs) to defend UK economic interests. Here at the TRA, we’re trying to make it easier for supply chain businesses …
The TRA is one of the first public bodies to be set up to meet the new needs of the UK following its departure from the European Union. We play a central part in ensuring that the international trading environment …
Trade remedies protect domestic businesses against injury caused by dumped or subsidised imports, or unforeseen surges in imports. They usually take the form of ad valorem tariffs. The Trade Remedies Authority (TRA) conducts investigations to determine whether to apply trade …
At the Trade Remedies Authority, we conduct investigations and recommend trade remedy measures to counter imports which are causing or threatening injury to domestic industry. These measures can take alternative forms, but ultimately have the same effect of making it …
In today’s age of economic digitisation, we live in a world that is not only more interconnected than ever, but also increasingly dominated by trade in services. Undoubtedly, this poses both challenges and opportunities for trade policy, as it tries …
You may be wondering what an Economist does when it comes to trade remedies and whether this role is for you. Here’s an insight into what it is like working as an Economist at the TRA. Economic analysis and trade …
We are aware that our cases can seem abstract. But they all have real world economic impacts. So we are always keen to monitor changes in trade flows that our recommendations trigger and to evaluate the effects on the UK …
Data drives decision-making for international trade and business decisions. It is the lubricant that oils the wheels of trade and fuels the core of the Trade Remedies Authority (TRA). At the same time, we’ve previously written about transparency being imperative …
As economic uncertainty rises, UK households grapple with a rising cost of living, whilst the consumer confidence index has fallen to record lows (Organisation for Economics Cooperation and Development, 2022). We’ve previously looked at the link between the UK’s economic …