Global trade insights (GTI) tracker

U.S. - Tariffs on imports and global trade

Whether importing directly or not, tariffs may affect you. We can help you prepare for what’s next.

Private equity: turning tariff risk to opportunity

The latest round of U.S. tariff increases – covering everything from industrial machinery to consumer electronics – has rippled quickly through the private equity (PE) sector. Whilst firms are accustomed to navigating macroeconomic turbulence, current trade policy instability has introduced unprecedented challenges for many sectors, and PEs are feeling the squeeze now that hopes for a strong growth...

Public sector: building economic resilience

The imposition of changeable tariffs by the U.S. and the resulting counter-tariffs could have profound implications for the global public sector. Countries with strong trade ties to the U.S., such as China, the European Union and Mexico, may be particularly affected. These tariffs can lead to increased costs for imported goods, which in turn can strain public sector budgets and resources.

Impact of tariffs on impairment of assessments

Recently, trade tensions have notably transformed the global business environment. A key development is the widespread imposition of US tariffs, which change market dynamics and influence international business operations. Such changes trigger important considerations for impairment assessments under International Financial Reporting Standards (IFRS), Accounting Standards, specifically IAS 36 – Impairment...

TMT: economic shifts reshape global strategy

The TMT sector is being reshaped by tariffs, regionalisation and global power shifts. C-suites are under pressure to rethink resilience, adaptability and strategic focus.

Financial services: navigating the new trade war

Since early 2025, under President Donald Trump’s second term, the United States has escalated tariff actions on a wide array of imports, reigniting global trade tensions. A series of key announcements has introduced significant volatility into financial markets.

Energy: US tariff's impact on infrastructure

On 2 April, the US administration announced sweeping tariffs on imports from nearly 185 countries. The tariffs, enacted by an Executive Order signed by US President Donald J. Trump, will come into effect on 9 April 2025. Stock markets have responded to this development with sharp declines. The IMF has cautioned that the tariff measures “represent a significant risk to the global outlook at a time...

US tariffs: how UK businesses can mitigate impact

Markets have generally regained some of their poise following last month’s initial raft of tariff announcements on ‘Liberation Day’, and we are now seeing the outcomes from the first round of bilateral negotiations with the US. It is clear that near-term global trading conditions are still likely to be tougher than they have been in the last few years, and tariff discussions are evolving into broader...

The USMCA and the GFTR 2025

With the recent imposition of tariffs by the United States on more than 180 countries, most imports from Mexico that comply with the rules of origin and provisions of the United States-Mexico-Canada Agreement (USMCA) are exempt from these tariffs. However, goods that do not qualify as originating under the USMCA are subject to a 25% tariff when imported into the United States.

U.S. tariffs & sustainability

New U.S. tariffs on Canadian goods — including 10% on energy and 25% on steel/aluminum — are disrupting trade and driving up costs. Canada’s countermeasures add further pressure. This turbulence puts sustainability efforts at risk just when they’re needed most.

How India may gain from lower tariff rates

Import tariffs how will these affect your business

Yesterday, 2 April 2025, new import tariffs were announced, both general and for specific products imported into the USA. A general tariff of 10% on imports from all countries has been imposed and will enter into effect on 5 April 2025.