The Global Impact of Regional Tariffs

By Al Polit - August 29, 2018

There is, understandably, a lot of angst when it comes to current U.S. trade policy and the decision to impose additional tariffs on countries like China or Mexico. What many people don’t consider is how these protectionist policies could affect not only prices, but where a company builds its next factory.

Against this backdrop, we’re also watching a strengthening U.S. dollar. As a global value investor, that’s actually an exciting proposition because of the opportunities it presents—especially in emerging markets, where company valuations might be getting beaten down and could become more attractive.

In my mid-year “report card” video, I examine not only trade concerns, but also what the prospect of peace on the Korean peninsula could do economically for the region. Click the video to find out what else is on my mind, including why I think we should brace for more volatility throughout the rest of 2018.

Al Polit
Al Polit
  • Related Articles
  • More From Author

Global Governments Unleash Viral Response to World’s Economic Ills

COVID-19 continues to spread, and countries are ramping up their responses to protect vulnerable economies. Will their efforts pay off?

Risks, Responses and Our Outlook for Volatility

The “known unknown” is how extensive the spread and human cost of the virus itself. Our CIOs tackle key questions about recent market volatility.

Panic And Perspective

Markets may have panicked today, but we think it’s best if investors respond with poise and patience instead.

    Is Now the Time for Value Investing in Emerging Markets?

    Despite the fears gripping emerging markets, we see attractive opportunities for long-term investors.

    The Global Impact of Regional Tariffs

    In PM Al Polit's mid-year video, he examines trade concerns, and what the prospect of peace in Korea could do economically for the region.

      Investment return and principal value of security investments will fluctuate. The value at the time of redemption may be more or less than the original cost. Past performance is no guarantee of future results.

      References to specific securities are for illustrative purposes only, and are not intended as recommendations to purchase or sell securities. Opinions and estimates offered constitute our judgment and, along with other portfolio data, are subject to change without notice.

      The opinions expressed are those of American Century Investments (or the portfolio manager) and are no guarantee of the future performance of any American Century Investments' portfolio. This material has been prepared for educational purposes only. It is not intended to provide, and should not be relied upon for, investment, accounting, legal or tax advice.

      Portfolio managers are not licensed by the Hong Kong Securities and Futures Commission to perform any regulated function in or from Hong Kong. Furthermore, none of the portfolio managers are located in or operate in or from Hong Kong.

      FOR INSTITUTIONAL USE ONLY | NOT FOR PUBLIC USE