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Trump, Tariffs and Trade Wars

Executive Summary
Impact on Companies and Actions to Take
Trade Protectionism Under Trump
Impact on Markets of MNC Operations
Past and Future Retaliatory Measures
Trade War Scenarios
Scenarios: Degrees of Retaliation
Impact on 2018 Events to Watch
Event Update: NAFTA Exit
Event Update: US-China Trade War
About Frontier Strategy Group

Trump, Tariffs and Trade Wars

Overview

US President Donald Trump has just implemented new steel and aluminum tariffs, the most recent in a series of protectionist measures that he has enacted since he was inaugurated in January 2017.

The EU, among others, has promised to fight back with retaliatory tariffs designed to inflict pain on Republican incumbents. Though the risk of a trade war is elevated, our base-case view over the short term assumes a limited impact on multinational companies’ operations.

However, firms should proactively assess what contingency steps they can take, particularly for supply chains between the US and the EU and China, where there is the greatest risk of disruption.

What you will learn

  • What do multinational companies need to know about Trump's trade protecitonism
  • What trade war scenarios should companies be prepared for
  • How will key trade relationships be impacted across NAFTA and US-China


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