In a recent warning, British economist John McLean, chairman of the China UK Business Development Centre, highlighted how shifting U.S. tariff threats are shaking global markets. According to McLean, unpredictable trade policies have prompted many companies to freeze or delay long-term investments, raising the stakes for entrepreneurs and investors worldwide.
"When tariffs change on a whim, businesses face real pain," McLean explains. "Investment plans spanning years can be put on hold overnight." This uncertainty not only affects supply chains but also dampens innovation and slows down expansion, particularly in emerging markets where stability is key to growth.
As nations grapple with trade tensions, McLean urges a shift toward pragmatic cooperation. He argues that working through differences with clear rules and mutual respect will help businesses regain confidence and drive sustainable development. For young global citizens, thought leaders and business enthusiasts, this message is a reminder that unity and clear dialogue can unlock new opportunities.
With global investment at a crossroads, McLean's call for collaboration comes as a timely nudge for policymakers and industry leaders to rebuild trust, reduce volatility and foster an environment where long-term strategies can thrive.
Reference(s):
cgtn.com
