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Schwab Network

How the Rest of the World is Handling U.S. Tariffs

8 min15 maj 2025

Michelle Gibley brings the international angle to Schwab Network. While trade “worst case scenarios” have been reduced, she says these 90-day tariff pauses just extend uncertainty. “Tariff troubles could come back…and hurt stocks again.” It’s also driving countries to accelerate trade relations with each other and become less entwined with the U.S. She also covers how Germany is changing its spending to try to “break out of stagnation” and become “a new growth story.”


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