Intermediate investing
How US tariffs can reshape global markets
Tariffs, essentially taxes imposed on imported goods, are powerful economic tools that are traditionally used to protect vulnerable domestic industries from "cheaper" imports or dumping practices. However, as we have seen this year, they can also be used by countries to influence international trade dynamics for political means. The United States (US) has a dual goal in implementing new tariffs - the first being their purpose by design (protecting local industries) and the second being part of a broader geopolitical strategy (exerting political pressure to achieve certain trade and non-trade related outcomes).
12 November 2025