US tariffs return to centre stage amid growing trade, policy uncertainty

Renewed US tariff plans and trade-flow disruptions reinforce protectionism risks and raise cost pressures for global supply chains.

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US tariffs return to centre stage amid growing trade, policy uncertainty

US tariffs return to centre stage amid growing trade, policy uncertainty
Tariff policy is once again moving to the forefront of global trade tensions, as major economies consider raising or re-imposing import duties. According to the World Economic Forum, renewed US tariff plans and broader global trade-flow disruptions reflect deeper structural shifts in supply-chain geography, geopolitical risk and industrial policy. Markets and corporations are being forced to factor in elevated protectionism, while emerging-market exporters face higher barriers. 
Observers say this environment may raise production costs, reduce investment flexibility and slow long-term growth in vulnerable regions.