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The Trump administration’s sweeping new tariff measures introduced in early 2025 mark a turning point for global trade dynamics. With tariffs targeting the vast majority of US imports, the measures are already affecting global supply chains, business costs, and geopolitical alliances.

US tariffs threaten to kick off a wave of retaliatory actions, intensify global inflationary pressures, and challenge the resilience of multinational operating models. As the end of the 90-day pause on reciprocal tariffs approaches, we take stock of where we stand.

In this webinar, we examine:

  • The content and intent of Trump’s tariff announcements
  • How these measures are reshaping global trade and investment flows
  • Our scenarios for the global economy through 2026
  • Key risks and opportunities for multinational companies operating across affected markets

Access the webinar