Tariffs and trade tension: Outlook for global middle market businesses
Insights to help you navigate evolving world trade policies
Tit-for-tat tariffs began in early 2018, when the Trump administration instituted duties on steel and aluminum products by 25 percent and 10 percent, respectively. China, the world’s second-largest economy by GDP, responded by issuing retaliatory tariffs on a host of U.S. exports. The conversation ramped up in early October with the signing of the U.S.-Mexico-Canada Agreement.
Trade disputes now include a multitude of goods and services, including Chinese microchips and other inputs used to assemble computers, and U.S. products ranging from soybeans to cars and airplanes.
Our economic and industry teams are closely surveying trade policy and tariffs, which have spread to other U.S. trading partners. Here you’ll find insights on what middle market companies can do to stay ahead of rising prices and related supply chain issues. Our coverage includes assessment of the overall economic impact, as well as important timelines and reviews by industry sectors.