Some companies are boosting production in anticipation of tariffs. Others are scrambling to find new markets for perishable products and holding off on hiring and capital investments.
HSBC uses blockchain to manage a letter of credit for a soybean shipment from Argentina to Malaysia, claims it is "an inflection point for how trade is conducted.”
With just 10 months left before the U.K. exits the EU, the government is trying to get a handle on the economic impact should Brexit impose additional trading costs on exporters.