John Denton, Secretary-General of the ICC: Uncertainty is harming business

Suranjana Tewari speaks to John Denton, Secretary-General of the
International Chamber of Commerce (ICC), about the impact of
global tariffs. Based in Paris, the ICC represents 45 million
businesses, large and small, from across 170 different countries.
These businesses were amongst the first to feel the effects of
Trump’s tariffs, which have been implemented for various reasons
by the US President. Mr. Denton believes that the uncertainty is
hurting businesses who worry about making a decision today, only
for the rules to be changed tomorrow.


Mr. Denton also reveals how new markets are forming away from the
US and its tariffs, with South East Asia transitioning from an
export-based economy to one of consumption. And despite all the
chaos, he points out the World Trade Organisation, and other
economic architecture, has actually continued to function. He
praises those who have not issued retaliatory tariffs.


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Presenter: Suranjana Tewari Producers: Ben Cooper and Olivia
Lace-Evans Editor: Nick Holland


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(Image: John Denton. Credit: John Lamparski/Getty Images North
America)