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Sanctions and increased tariffs point to an uncertain future
- Monday | 12th August, 2019
One minute we are open and global and anyone can play and the next we are surrounded by sanctions and increased tariffs and an uncertain future. More recently still, Japan and South Korea are at it, threatening tighter checks, then backing off, then threatening tighter checks. Apple’s share price dropped 5.2 percent and big tech companies lost $162 billion, all as a result of increased tariffs – and the uncertainty. In an era of enormous disruption and lightning fast technical change, the last thing any industry needs is an uncertain environment. As a senior futurist at IBM once said, ‘our toes are dangling over the edge of a very uncertain future’.
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