Insurance companies believe that trade wars, inflation is a growing investment risk – Survey

Trade policy and economic uncertainty

Since returning to office in January, President Donald Trump has proposed and amended tariffs to major trading partners, including China, Canada and Mexico. A report from the Wall Street Journal on March 23 recommended that the government plans to narrow the scope of new tariffs that will take effect in April and choose to adopt a more targeted approach. Uncertainty surrounding trade policies has led to market volatility, which has heightened concerns among insurers about portfolio stability.