US Trade Tariffs by Adit Jain

The emergence of US tariffs as a policy tool, is a decisive shift in global trade and indeed the liberal world order, which facilitated the emergence of Asia’s tiger economies. Once dismissed as a temporary measure, tariffs are now rooted in a broader economic agenda that merges protectionism, domestic manufacturing and geopolitical influence.

For companies, this carries far-reaching implications, shaping inflation, growth and production strategies. At the start of the year, markets assumed tariff increases would remain limited, more negotiation tactic than economic reality. However, recent decisions from the US administration, targeting Canada, Mexico, China and potentially Europe and India, have splintered that expectation. This podcast explains.