Research Briefing
We estimate that the US's effective tariff rate on Japanese products is around 17%, in line with our baseline assumption....
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Research Briefing
We estimate that the US's effective tariff rate on Japanese products is around 17%, in line with our baseline assumption....
Research Briefing
Research Briefing US Inbound Travel Arrivals: 2025 Halfway Mark The forecasted 8.2% decline in annual international arrivals solidifies as headwinds...
Research Briefing
The ruling Liberal Democratic party (LDP) and its partner Komeito lost their majority in Japan's upper house elections on July...
Research Briefing
Amid the continued decline in working-age population, we expect Japan's knowledge-intensive manufacturing sectors will likely outperform other sectors. Machinery, automotive,...
Research Briefing
A 30% tariff would send the Eurozone economy to the edge of recession, with growth stagnating over the coming quarters.
Research Briefing
We think it's likely that high and broad-based tariffs are here to stay because, of all the purported goals of...
Research Briefing
Tariff policies, rising geopolitical tensions and unprecedented uncertainty are putting pressure on cities and regions across the world.
Research Briefing
Rising US tariffs, a 50% copper duty, crackdowns on Asian transshipment, and renewed Red Sea conflict are piling pressure on...
Research Briefing
Additional US tariffs have led us to downgrade our short-term outlook for the German economy, with this impact mostly concentrated...
Research Briefing
Our Global Economic Model simulations suggest that a permanent 40ppt tariff hike on US imports from Brazil would have limited...
Research Briefing
A tiered-tariff system effectively blurs the distinctions between goods made in China and those rerouted via regional supply chains, weakening...
Research Briefing
South Africa's Government of National Unity (GNU) has struggled over the one year of its existence, largely because of the...
Research Briefing
The July baseline forecast will fully adopt the Republican tax-and-spending bill, which is poised to become law by the July...
Research Briefing
We have cut our long-term trade forecasts for the EU considerably due to escalating global trade tensions.
Research Briefing
NATO's commitment to spend 5% of GDP annually on defence by 2035 is broadly in line with the change to...
Research Briefing
We expect UK employment will dip slightly in the second half of this year, as job cuts in lowerpaid parts...
Research Briefing
The German finance ministry's draft budget for 2025 and updated medium-term fiscal plan show the government is embarking on a...
Research Briefing
Our scenario analysis reveals a partial shutdown of the Strait of Hormuz by Iran would push the Japanese economy into...
Research Briefing
The net immigration into the US has slowed more abruptly than anticipated in the early days of Trump's second presidency....
Research Briefing
Cotton prices are forecast to remain weak in 2024 due to strong global supply and sluggish demand, weighed down by...