The revamp of the North American Free Trade Agreement, trade skirmishes with the European Union and potentially more than $500 billion in tariffs on Chinese goods are escalating US trade conflicts with both allies and foes. Yet, for all the rhetoric and noise, tariffs will affect stakeholders in different ways. This informative report by Boston Consulting Group professionals Christian Ketels and Martin Reeves explores the complex labyrinths of the current trade imbroglio and provides a valuable overview of its implications for business owners and executives.
In this summary, you will learn
- How trade conflicts affect the global economy,
- What impacts tariffs have on stakeholders across industries and
- How business leaders can protect their companies.
About the Authors
Christian Ketels is chief economist at the Boston Consulting Group, where Martin Reeves is a senior partner and managing director.