The saying goes, “A picture is worth a thousand words.” By analogy, a cartoon—especially one from Kal—is worth 100^{10} words. The tariffs are expected to fuel inflation in the U.S. economy, spark a trade war with no clear winners—least of all the American consumer—and create ripple effects across the globe, impacting regions such as China and Europe. However, this is no longer a question of if it will happen, but rather how significant the impact will be and how it will affect your region and industry. Have you factored this reality into your 2025 macro scenario? If so, what decisions have you made in response? (text revise by a LLM) The weekly cartoon https://www.economist.com/the-world-this-week/2024/11/28/the-weekly-cartoon from The Economist
- Pedro
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