– Our new outlook for trade and supply chains finds considerable trade policy uncertainties remain, with US tariffs on the risk side of the balance and global trade deals centered on the EU and the Association of Southeast Asian Nations (ASEAN) groups on the opportunities side. Trade activity is expected to remain muted, and there are logistics regulatory changes on the way — although logistics finds a way. Corporate supply chain decision-making remains tactical, with firms focused on short-term pricing and cost management before becoming more strategic in 2026.
– The US government...