1. Supply Chain Shockwaves:
- Foxconn (Apple supplier) accelerates Vietnam expansion after Ackman cited Trump’s “China decoupling” risks.
- German auto execs hold emergency call on potential 25% EU auto tariffs (VW -3.1%, BMW -2.7%).
2. Currency Markets React:
- CNY hits 7.25/USD, weakest since November 2023.
- Bitcoin spikes 5% as “geopolitical hedge.”
3. Diplomatic Fallout:
- EU Trade Commissioner Valdis Dombrovskis quietly revives TTIP negotiations as “Trump-proofing” measure.
- Japan’s PM Kishida delays US trip to reassess summit agenda.
4. Corporate Readiness Index:
- BCG survey shows:
- Tier 1: Tech firms (80% have contingency plans)
- Tier 2: Pharma (65%)
- Lagging: Retail (32%)
