Company leaders need to recognize that uncertainty and volatility are becoming features of the global trade system. To thrive, they need to be opportunistic and strategic, quickly responding to threats and openings while staying long-term smart about industry trends and competitive dynamics.
As they prepare for the coming years’ likely trade battles, company leaders — particularly CEOs and boards — need to recognize that uncertainty and volatility won’t be short-term things; they’re becoming features of the global trade system. To thrive in this kind of environment, leaders need to be opportunistic and strategic at the same time: quick to see a threat or seize on an opening, but also long-term smart about industry trends and competitive dynamics.
Donald Trumpon a call for a general tariff of 10% to 20% on all imports — and 60% or more on goods imported from China. Hehis intention to impose immediate 25% tariffs on Mexican and Canadian goods unless those countries take action on immigration, while adding an additional 10% to tariffs already extant in China.Accelerate your career with Harvard ManageMentor®. HBR Learning’s online leadership training helps you hone your skills with courses like Global Collaboration.
GLOBAL TRADE TARIFFS VOLATILITY LEADERSHIP STRATEGY
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Trade Proposal: Miami Heat Add Dominant Big Man in Risky Trade With Division RivalShould the Miami Heat shake up their starting lineup and trade for Atlanta Hawks center Clint Capela? The risks may outweigh the gains.
Read more »
NBA Mock Trade: Nets Trade Star to Center-Hungry LakersThe Los Angeles Lakers have reportedly been eyeing a center, and the Brooklyn Nets have a great one in Nic Claxton.
Read more »
Mets trade rumors: Nolan Arenado willing to waive no-trade clause after Juan Soto signingThe St. Louis Cardinals fully intend to trade Gold-Glove-winning, All-Star third baseman Nolan Arenado this winter, and it appears as though he is willing to
Read more »
NBA Insiders Give New Trade Intel For Atlanta Two Months Away From The Trade DeadlineAt this point last season, Atlanta was the talk of the league, but for the wrong reasons. All of the chatter around the Hawks was around the trade deadline and
Read more »
Trump's Protectionist Trade Policies: A Precedent from the U.S.-China Trade WarThis article examines the potential consequences of President-elect Trump's proposed tariffs on imports from Canada, Mexico, and China, drawing parallels with the U.S.-China trade war of 2018-2019. Research on the previous trade war suggests that tariffs may not achieve their intended goals, such as lowering prices or boosting domestic manufacturing jobs. The article also considers the effectiveness of strategies companies used to mitigate the impact of the U.S.-China trade war, such as 'friend-shoring,' in the face of new trade barriers.
Read more »
Bradley Beal's No-Trade Clause Complicates Jimmy Butler Trade TalksMiami Heat's Jimmy Butler is rumored to be in trade discussions with multiple teams, including the Phoenix Suns. However, Bradley Beal's no-trade clause presents a significant obstacle as it requires his approval for any deal involving him.
Read more »