Tariffs and Trade: Global Impacts

This chapter examines the recent changes in tariff rates by the US administration and their varied effects on international trade, particularly for countries like Canada, Switzerland, and Brazil. It discusses how market sentiments are surprisingly stable despite the turmoil that tariffs are causing and explores shifts in global supply chains, particularly in tech manufacturing. The chapter highlights the necessity for businesses to adapt amidst geopolitical tensions and the evolving economic landscape.