Uploaded May 2026 | Updated September 2026, 2 weeks ago
$165B in trade shifted as tariffs hit record highs and disrupted supply chains. McKinsey experts discuss how leaders can respond to structural shifts.
Global trade experienced a massive shock in 2025. The highest US tariffs in generations upended trade dynamics and deflected about $165 billion in trade from the US–China corridor. And the disruptions continue in 2026. What does it all mean for the future of trade and for the global economy?
During a McKinsey Live event, McKinsey Global Institute (MGI) Chair Shubham Singhal and MGI Partner Jeongmin Seong discussed the shifts affecting trade, the key geopolitical factors shaping the global order, and the moves leading companies are making to build resilience and create enduring advantage.
Chapters:
0:00 - Welcome
3:03 - Why global trade is still growing in 2026
8:30 - The risks and challenges facing leaders
13:06 - How AI and other forces are driving a trade shift
8:35 - The U.S. and China’s evolving roles in the global economy
18:02 - FDI (foreign direct investment) signals
20:30 - Proactive leadership
27:09 - Learning from “liberation day”
- Learn more about McKinsey Live webinars and register for upcoming sessions: mckinsey.com/live
- Explore past webinars: mck.co/McKinseyLivePlaylist
- Subscribe to our channel: mck.co/YouTube
- Subscribe to our newsletters: mck.co/Subscribe
About the guests:
McKinsey Senior Partner and McKinsey Global Institute Chair Shubham Singhal: mckinsey.com/our-people/shubham-singhal
McKinsey Partner Jeongmin Seong: mckinsey.com/our-people/jeongmin-seong
***Find us on***
Facebook: mck.co/Facebook
Twitter: mck.co/Twitter
LinkedIn: mck.co/LinkedIn
Instagram: mck.co/Instagram
#McKinseyLive #AI #GlobalTrade #Geopolitics #Leadership #SupplyChain
See mckinsey.com/privacy-policy for privacy information.
$165B in trade shifted as tariffs hit record highs and disrupted supply chains. McKinsey experts discuss how leaders can respond to structural shifts.
Global trade experienced a massive shock in 2025. The highest US tariffs in generations upended trade dynamics and deflected about $165 billion in trade from the US–China corridor. And the disruptions continue in 2026. What does it all mean for the future of trade and for the global economy?
During a McKinsey Live event, McKinsey Global Institute (MGI) Chair Shubham Singhal and MGI Partner Jeongmin Seong discussed the shifts affecting trade, the key geopolitical factors shaping the global order, and the moves leading companies are making to build resilience and create enduring advantage.
Chapters:
0:00 - Welcome
3:03 - Why global trade is still growing in 2026
8:30 - The risks and challenges facing leaders
13:06 - How AI and other forces are driving a trade shift
8:35 - The U.S. and China’s evolving roles in the global economy
18:02 - FDI (foreign direct investment) signals
20:30 - Proactive leadership
27:09 - Learning from “liberation day”
- Learn more about McKinsey Live webinars and register for upcoming sessions: mckinsey.com/live
- Explore past webinars: mck.co/McKinseyLivePlaylist
- Subscribe to our channel: mck.co/YouTube
- Subscribe to our newsletters: mck.co/Subscribe
About the guests:
McKinsey Senior Partner and McKinsey Global Institute Chair Shubham Singhal: mckinsey.com/our-people/shubham-singhal
McKinsey Partner Jeongmin Seong: mckinsey.com/our-people/jeongmin-seong
***Find us on***
Facebook: mck.co/Facebook
Twitter: mck.co/Twitter
LinkedIn: mck.co/LinkedIn
Instagram: mck.co/Instagram
#McKinseyLive #AI #GlobalTrade #Geopolitics #Leadership #SupplyChain
See mckinsey.com/privacy-policy for privacy information.
