Global risks, trade wars and European indigestion
Global roadshow and survey highlight concerns of global middle market
INSIGHT ARTICLE |
During a seminar held in Calgary on November 7, 2018, Simon Hart, RSM UK head of knowledge management, and Joe Brusuelas, RSM US chief economist, discussed how global trade policy changes and tariff increases affect the middle market, including USMCA (NAFTA modernization) and Brexit.
In summary, there are seven key considerations for the middle market:
For more detail, listen to our podcast and download the presentation:
During the presentation, RSM conducted an interactive survey with the audience. The results further highlight the middle market’s concerns surrounding trade policies, economic ripple effects and other uncertainties:
Considering the current U.S. trade tariffs and protectionist activity, how is this affecting your business?
What will be the single biggest opportunity for your business in 2019?
What will be the single biggest threat to your business in 2019?
Looking at the risks, economic and otherwise, to international trade, have you considered the contagion risk in Turkey and Italy?
Thinking about the U.S. economy, what issue concerns you the most?
Has Brexit affected your plans for business expansion into Europe and/or doing business with the UK?