Globalisation may have run its course in current form, says HSBC chair

1. UK exchange rates
2. All news
3. Globalisation may have run its course in current form, says HSBC chair

Globalisation may have run its course in current form, says HSBC chair - short news

Trade tensions in era of Trump tariffs create serious potential risk to global growth, warns Sir Mark Tucker

Globalisation “may have now run its course” in its current form, according to the chair of HSBC, as geopolitical tensions and US tariffs threaten to upend existing global trade.

Speaking at the bank’s global investment summit in Hong Kong on Tuesday, Sir Mark Tucker warned that trade tensions created uncertainty that posed a “serious potential risk to global..

Read more on The Guardian

source: The Guardian - 25.03.2025