Tax and Law in Focus

How shifting tariffs will transform global trade


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Global trade is facing unprecedented disruption. This episode of the EY Tax and Law in Focus podcast examines how changing US tariff policies, retaliatory measures, and shifting power dynamics are reshaping the trading landscape.

Host Susannah Streeter is joined by Jeroen Scholten, EY Global Trade Leader, Indirect Tax; Luke Branson, EY Australia Global Trade Leader; and Shenshen Lin, EY UK Global Trade Partner. Together, they explore how tariffs have evolved from being a purely economic measure to a geopolitical lever, and what that means for supply chains, logistics, tax, and transfer pricing. The discussion highlights why cross-functional collaboration is critical, the role of AI and analytics in modelling tariff impacts, and how businesses can balance short-term responses with long-term strategic positioning.

EY refers to the global organization, and may refer to one or more of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. The views of third parties set out in this publication are not necessarily the views of the global EY organization or its member firms. Moreover, they should be seen in the context of the time they were made.

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