Practice area

Global Economy

Tariffs, sanctions, and industrial policy are redrawing global commerce. We help companies and investors see changes coming and find the openings they create.

The challenge

Governments now treat trade and investment as tools of national security. Tariffs and sanctions get the headlines, but they sit alongside subsidies to bring production home, restrictions on investing in rival economies, bans on goods made with forced labor or in certain countries, and trade deals built around trusted partners. Together they are redrawing where things get made, who can buy from whom, and where capital is allowed to go.

How we help

Tariffs, sanctions and other trade policy decisions now affect companies and investors in almost every sector, not just those that import or export. A new measure can raise costs, cut off a market or disrupt a supply chain. It can also create an opening: government incentives, protected markets, and new suppliers often follow the same policies that cause the disruption. Most of these moves are signaled well in advance. Our advisors know what those signals look like and what they mean for your business.

  • How trade and economic security decisions are made and sequenced, and what typically precedes them
  • Which sectors, markets and companies carry the most exposure, and which stand to benefit
  • Second-order effects on supply chains, pricing and competitors

Manufacturers, importers, exporters and companies with international supply chains need to know where they are exposed, where the incentives are, and what they can do in advance.

  • Mapping exposure across markets, counterparties and suppliers
  • Positioning for incentives, preferential access and government-backed supply chain programs
  • Scenario planning and steps to take before a measure lands rather than after

Regions

Where our expertise reaches

This practice area is advised on across Europe, Asia and the Indo-Pacific, the Middle East, Africa and Latin America, through the firm's own relationships and its wider network of experts.