New analysis points to dramatic reshaping of trade lanes amid tariffs and geopolitical tensions
A new scenario analysis of global trade points to ongoing trade growth over the coming decade despite the imposition of tariffs and rising geopolitical fragmentation. However, it also suggests that the shape of trade could change considerably over the period, including for South Africa. Published by the Boston Consulting Group (BCG), the analysis incorporates four scenarios, including a so-called ‘patchwork’ scenario that BCG says is gaining momentum.
A new scenario analysis of global trade points to ongoing trade growth over the coming decade despite the imposition of tariffs and rising geopolitical fragmentation. However, it also suggests that the shape of trade could change considerably over the period, including for South Africa. Published by the Boston Consulting Group (BCG), the analysis incorporates four scenarios, including a so-called ‘patchwork’ scenario that BCG says is gaining momentum.
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