sábado, 2 de julio de 2016

Will Brexit Affect Global Supply Chains?

There has been a lot of doom and gloom surrounding Brexit.  It is clear that in the short term Brexit has created uncertainty and roiled markets. In the longer term I believe its impact will be minimal. It is mainly tariffs and trade restrictions that would have the largest impact on global supply chains. I believe both the European Union (EU) and the United Kingdom (UK) will seek to keep tariff restrictions to a minimum. To do otherwise would adversely impact growth and make it more difficult for the politicians in power to get reelected.

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