President Trump's reciprocal tariff plan has rocked global markets. In the video above, Eurasia Group founder and president Ian Bremmer explains how the tariffs will force a "reordering of how we think about global investment."
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A question top of mind for investors now, Ian, is what comes next with these new Trump tariffs and specifically how our trading partners are going to react, um, are we going to see negotiation? Is it going to be retaliation? We had a guest on earlier in the show, Ian, who said, you know, listen, he expects negotiation with what he described as, he's looking for symbolic retaliation. Is that how you see it?
Depends on the country. I mean, you know, before you focus on the next things, let's recognize that, you know, this is a pretty heady stuff. Uh, you're talking about the US entering an entirely new economic order, leading one. Um, you know, sort of uh, this is a complete undoing uh, of, of a multilateral free trade environment. The world's largest economy, most powerful country is putting unprecedented tariffs on everybody. We've not seen in our lifetimes. So, I mean, yeah, there's going to be negotiations. There'll be some capitulation. There'll be some places that'll go full tilt for that, most won't. But even if everyone was in deal mode, you would still be in a new world order. Because, I mean, remember, there are a whole bunch of countries out there where the United States is actually running a surplus with tariffs that are incredibly low, and Trump said even on those countries, 10%, right? I mean, you've got countries out there that have, that are incredibly poor, that provide commodities that America needs and can't get other places. They have no ability to buy American goods, and Trump said, 10%, right? So, I mean, the reality is that the purpose of these tariffs is not just to drive deals, it's also to force, um, a, a reordering of how we think about global investment. And, and, and make people recognize that the United States is where you need to be, um, if you want to be doing business with the US. Um, and there's going to be a cost to that.
