Senior Official Warns Tariff Volatility, Supply Chain Disruption, Calls for De-risking, Sovereignty Safeguards and Strategic Policy Shifts

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....A senior government official warned that global "tariff volatility" is overturning trade calculations and disrupting supply chains after a major economy sharply raised tariffs on imports, including punitive duties tied to energy purchases. The official noted strategic consequences from the concentration of manufacturing in a single geography, rising anti-globalisation sentiment, tighter technology controls, competition for critical minerals, use of sanctions and asset seizures, and the growth of crypto and big tech influence. States must de-risk exposures, safeguard sovereignty against tech penetration, and recalibrate policy to manage end-to-end risks while selectively taking strategic economic and security risks.....