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Assessing the Impact of Tariffs on Globalization

April 8, 2025

The “dual track” nature of today’s globalization presents investors with a host of challenges, and more than a few opportunities. The fast-changing developments on the worldwide tariff front present the prospect that the US looks more inward on the trade front while the rest of the world works more closely together. Over time, however, economic logic is likely to prevail, with globalization eventually returning, particularly in less strategically important industries.

PGIM COO Taimur Hyat joins Squawk Box Asia to discuss his thoughts.

A New era of globalization

Globalization has splintered into two distinct tracks, creating new investment opportunities and risks.

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