Implications for Global Growth and Investment Strategy
The U.S. trade policy landscape in 2025 has become a defining force in global economic uncertainty. With tariffs stacking to historic levels—19.5% average applied and 11.7% effective—the U.S. has rewritten the rules of engagement in international commerce. These policies, rooted in a mix of national security, anti-fentanyl rhetoric, and strategic sectoral protectionism, have triggered a cascade of retaliatory measures, legal battles, and macroeconomic headwinds. For investors, the implications are profound: sectoral exposure, inflation trajectories, and asset allocation strategies are being recalibrated in real time.
Sectoral Exposure: Winners, Losers, and the New Trade Realities
The Trump administration’s multi-layered tariff…
