Company leaders must acknowledge that global trade uncertainty and volatility are not just temporary challenges but rather permanent features, requiring both strategic foresight and opportunism to succeed.
The leadership response to trade battles should consist of three immediate actions and two long-term initiatives, enabling companies to navigate the unpredictable landscape effectively.
As the Trump administration prepares to implement significant tariffs, businesses worldwide need to proactively strategize for potential U.S. trade actions and the corresponding reactions from other nations.
The proposed tariffs, including a general tariff of 10% to 20% and a massive 60% on Chinese imports, signify the urgent need for companies to adapt their strategies to ongoing trade conflicts.
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