New Economy

Trump’s ‘Secondary Tariff’ Two-Step With India and China

US President Donald Trump

Photographer: Yuri Gripas/Abaca
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Hi, I’m Erik Schatzker, editorial director of Bloomberg New Economy. Making sense of any economic era requires an organizational framework. You need to sift the chaos of data and narratives into categories that clearly capture the drivers of change in production, consumption and living conditions.

Finding a framework that distills those transformative forces into something potent is difficult — yet essential. At Bloomberg New Economy, we’ve developed seven categories — think of them as megatrends — to make sense of a world changing at dizzying speed. They are geopolitical realignment, technological disruption, supply chain reorientation, financial innovation, energy transition, climate risk and medical breakthroughs.