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The New Trade Math for North America

The recent edition of KPMG’s Global Navigator examines how shifting trade policies, led by the return of tariffs and uncertainty around the future of the United States–Mexico–Canada Agreement, are raising trade costs, increasing policy volatility, and reshaping global supply chains.

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Global Navigator from KPMG Economics

The recent edition of KPMG’s Global Navigator report examines how shifting trade policies, led by the return of tariffs and uncertainty around the future of the United States–Mexico–Canada Agreement, are raising trade costs, increasing policy volatility, and reshaping global supply chains.

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Stefan ZierKPMG, Economy
The Risk of an Inventory Correction is Rising

Producers and wholesalers have prepared for higher tariffs by buying goods in advance, which is creating the conditions for a modest inventory correction should demand slow. The risk particularly applies to purchases of durables such as machinery and equipment, our analysis of inventory data shows.

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Stefan ZierRSM, Economy