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        The Markets

        Commentary from our experts on global markets — from today's geopolitical crisis to inflation and volatility.

        Global Market Outlook 2025

        What are the key risks and opportunities in 2025? Our Outlook brings you an actionable set of investment views that will help you stay ahead of the market.

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        Macroeconomics

        Tariffs, Transshipping, and the Trouble with Vietnam

        April 2 tariffs on Vietnam and Taiwan highlight US concerns over trade deficits, currency manipulation, and Vietnam's role in transshipping.

        May 13, 2025

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