“The effective US tariff rate is now at its highest level since the early 1900s”, according to Allianz Trade, and affected countries have retaliated with their own tariffs. The end result is shaping up to be lower economic growth due to higher trade restrictions, a weaker US economy, and global GDP at its lowest since the pandemic.
How can you protect your business to ride out the known and unknown repercussions? Allianz Trade offers ways to analyse your business insolvency risk and as well as those of your customers and suppliers. You can also find their latest economic outlook.