5 must reads for the weekend

5 must reads for the weekend

We keep our ear to the ground for the interesting stats, insights and discussion points you need to feel in the know and shape the future with confidence.

1. Tariff talk 

Big changes are coming to global trade, and your bottom line might feel it. The US has announced sweeping tariffs — starting with a 10% baseline on all trading partners, with even steeper rates for some countries, like China. This means higher prices on imports and a hit to the economy — the US GDP (gross domestic product, a.k.a the total value of goods and services produced) is projected to fall by 1% in 2025 and inflation could rise by a full percentage point. Globally, the slowdown could be felt too, with markets bracing for more volatility. For business leaders, the message is clear: uncertainty is back in the spotlight, and planning just got more complicated. Whether you're importing goods or watching inflation, these tariffs could ripple through everything from supply chains to strategy. Curious what this means for your next move? Let's break it down… 

Tariff troubles: Could protectionism revive stagflation? 

2. India’s trade destiny 

The recent US tariffs have shaken global markets and signal a shift away from traditional free trade. This change could disrupt global trade patterns and affect supply chains. For India, finalizing trade talks with the US could help reduce the impact of these tariffs and provide clearer policies. By diversifying exports and striking deals with other countries, India can take charge of its trade destiny. The US aims to strengthen its manufacturing and improve its economy with these tariffs, but this uncertainty makes it hard for businesses to plan... 

As Trump tariffs reshape global trade, India must adapt fast  

3. Trade winds shift again 

Tariffs may be making headlines, but the real story is about how business leaders respond. In a world where trade policies are shifting overnight, leaders who rely on old playbooks risk being left behind. Now’s the time to think bigger: bring together tax, trade, and supply chain teams, run scenario models, and stress-test your sourcing strategies. Proactive planning isn’t about predicting every move — it’s about being ready for anything. Whether it’s diversifying suppliers, leveraging tech to spot risk, or rethinking where your operations live, today’s decisions can protect tomorrow’s margins. The most resilient companies aren’t just reacting — they’re using disruption as a springboard for smarter, faster, more agile operations… 

How tax and trade leaders can prepare for global tariff disruption 

4. Survival of the fittest 

We're entering a period of global trade instability that hasn't been seen since the 1930s and 1970s. Today’s current situation resembles a full-blown trade war, where countries are facing significant breakdowns in the global trading system and engaging in aggressive tactics that lead to conflicts. Past trade wars, like the "Nixon Shock" in 1971 imposed tariffs to manipulate exchange rates, straining international relations. The "Chicken Wars" in the 1960s saw the US and Europe retaliate against each other's tariffs, leading to a back-and-forth that ultimately required a truce. These examples show that trade wars can escalate quickly, hurting economies and consumers everywhere. What does that mean for UK businesses and how can they adapt? 

How new trade tariffs will affect UK businesses  

5. Tariffs, ties and trillion-dollar targets 

India’s playing economic matchmaker — and it’s not picking just one partner. With its “multialignment strategy,” the country is building ties with the U.S., Europe, the Middle East, and more, aiming for $2 trillion in exports by 2030. That’s not just diplomacy — it’s deal-making. For businesses, India’s growth (fastest among large economies) means real opportunities in AI, defense, green energy, and beyond. But don’t sleep on the tariff drama. A potential U.S. blanket tariff could shake up supply chains and force companies to rethink where — and how — they operate. Translation? If you're not watching India, you might be missing your next big move... 

India’s 'multialignment strategy,' AI developments, Germany's political shift, long-term impact of tariffs and more  

If you do one thing: 

Stay proactive. 

Don’t miss a must read, find all the issues of the weekly must reads newsletter by EY on LinkedIn here

서시영

이노컨설팅, Inno consulting 대표이사, CEO, 한국취업컨설턴트협회 대 표, Korea first innovative professor, First person in the innovation lecture

1mo

Tariffs cannot suppress the future of the world The global economy is never going backwards! Part 1   The world is becoming increasingly complex. To be precise, it's becoming more complex. We live in an age where the most difficult to understand is the most rewarding. I can't remember the last time we lived a simple and humble life   For thousands of years, the fundamentals of the economy, which humanity has maintained, remain unchanged. We've strived to maintain a balance between supply and demand, maintaining a balanced flow. Since population growth and the concept of nation-states began to enslave us, the economy has formed blocs and escalated into a state of confrontation. As chaos has intensified, we've been forced to develop complex theories and adhere to them under the pretext of resolving it.   We're at this very tipping point Everyone is exhausted by complexity. We've created a world of obedient tools that create difficult problems and force us to input predefined numerical answers.   This imbalance is the most significant factor that casts the economy in a gloomy light. However, this imbalance cannot lead the global economy to ruin! We must find a solution from a completely different perspective than before. And we can!

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QMSCAT PRIVATE

Consultant at Guyana Payroll Solutions

5mo

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Rizky Bayu Aji Baskoro

Accounting, Budgeting & Cost Control

5mo

Insightful t

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