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US trade policies and tariffs

A look at the global economic impacts of new US trade measures

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The resurgence of trade tensions

Following the 2024 US presidential election, Donald Trump's return to office has ushered in a new era of trade policies, reminiscent of his first term but with renewed vigour and broader scope. This shift in America's trade stance has sent ripples through the global economy, prompting a reassessment of international trade relationships and economic strategies worldwide. 

Iconic Manhattan skyline, with a close-up of the Empire State building, New York City

What are President Trump's new trade policies?

President Trump's latest trade initiatives, enacted shortly after taking office in 2025, include heightened tariffs on a wider range of imported goods, particularly targeting China and several other key trading partners. These measures aim to reduce the US trade deficit, boost domestic manufacturing, and reshape global supply chains in favour of American interests. 

International flags in front of high-rise building.

How is the global economy responding?

The international community has reacted swiftly to these policy changes, with many countries implementing retaliatory measures. This has led to increased volatility in global markets, shifts in investment patterns, and a reconfiguration of international trade flows. The ripple effects are being felt across various sectors, from technology and agriculture to heavy industry and consumer goods.

How is this impacting different industries?

Our ongoing analysis delves into the consequences of these new trade policies across power and renewables, commodities and metals and mining.

This hub serves as a central resource for our continually updated insights into the evolving impacts of President Trump's 2024 trade policies, offering a comprehensive view of this unfolding global economic scenario.

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