US Tariff Policies Threaten Global Business Growth

Rising US tariffs are sparking concerns among global business leaders and economists, with experts warning of short-term turmoil for companies and markets. Mark Greeven, Dean of Asia at the International Institute for Management Development (IMD), highlighted that “tariffs have rarely had a positive impact,” calling current US policies “unilateral” and damaging to the global economic environment.

Greeven, whose research focuses on innovation and emerging markets, predicted slower business growth and tighter profit margins as companies navigate trade barriers. “This isn’t just about tariffs—it’s about trust and long-term partnerships,” he said, hinting at potential supply-chain reshuffles and delayed investments.

While the debate over trade wars heats up, young professionals and entrepreneurs are urged to stay agile. “Understanding regional markets and diversifying strategies will be key,” Greeven added, pointing to Asia’s dynamic economies as critical players in weathering the storm.

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Academic: US tariffs to hinder business and economic environment

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