Recent increases in US import tariffs and retaliatory actions taken by affected countries in response have had important commercial and economic effects and created significant economic uncertainties that have had knock-on effects on companies and asset valuations. These have been accompanied by policy reversals and conflicting signals which have complicated economic forecasting and corporate planning.
The main uncertainties that businesses are currently facing in the changing global trade climate are examined in this article; these uncertainties have the potential to have a big impact on company valuations.