Businesses, organisations and economies all over the world are facing uncertainty, instability and volatility as a result of the rollercoaster of changes in US trade policy.
Many of our members working in and for businesses across multiple markets are evaluating the impact of new tariff announcements as they emerge and change, developing approaches and strategies to navigate through this changed world.
The rise in tariffs levied on US imports has sent shockwaves through the global economy and sparked retaliatory action by other economies. The world is still absorbing and assessing their impact and new developments are unfolding almost daily.
As a global body with a vibrant community of more than a quarter of a million members across 180 countries, we believe that cooperation and partnership across borders is the best way to achieve prosperity for all.
A stable approach to global trade is vital for growth and for developing sustainable economies. Businesses need certainty and stability to thrive and invest.
An unstable economic environment creates challenges for business and society. This uncertainty is inevitably harming businesses and people’s livelihoods. Developing economies and SMEs are particularly exposed to the impacts.
Volatility in the global economy can also create unintended and unwanted consequences if other issues such as sustainability - both environmental and social - move down the agenda.
