A lack of transparency about the economic future has lead to a rise in isolationist and protectionist policy. Witness President Trump’s imposition of duties on $50bln worth of Chines imports, his bruising renegotiation of NAFTA, and pointed rhetoric on immigration. The rising costs of imports and tighter constraints on international flow of labor may be felt by businesses through higher wages and input costs. These will ultimately have to be passed along to the US consumer…
Escalating Uncertainties: Up close
The future will be determined by those who are willing to reinvest, adapt and turn future threats into opportunities.