1、 Onyx Strategic Insights.Reproduction by written authorization only.Onyx Strategic Insights.Reproduction by written authorization only.The impact of reciprocal tariffsProjections&AnalysisMarch 2025 Onyx Strategic Insights.Reproduction by written authorization only.2 Onyx Strategic Insights.Reproduct

2、ion by written authorization only.Help clients build more resilient,efficient and adaptive supply chains.focusing on geopolitical,economic and operational disruptors through advisory engagements and insightsOur vision Onyx Strategic Insights.Reproduction by written authorization only.3Our service li

3、nesBringing together political and economic insights in service of global supply chainsBalance resilience,efficiency and adaptabilityCountry cost and risk analysisTotal acquisition cost monitoring and forecastsGeographic footprint,network and de-riskingLogistics shocks:monitoring and forecastsInfras

4、tructure performance and lead time projectionsGeopolitical shock monitoring and contingency planningTrade policy forecasting and regulatory monitoring00Strategy,planning&risk managementSourcing&procurementTrade&complianceTransportation,logistics&distribution Onyx Strategic Insights.Reproduction by w

5、ritten authorization only.4Executive summaryEconomic impacts range from bad to worseThe US-EU dispute is likely to escalate quicklyThe Trump admin is seeking to reset the rules of trade on many frontsThe Trump admin is attempting to incentivize the knocking down of barriers and local regulation that

6、 they say prevent US market access at the risk of kicking-off a broad trade warThe Trump admin faces constraints on action that point to investigations and negotiations lasting through 2025 and into 2026 with retaliation risks remaining high throughoutTools range from national security declarations