iAtoday

Trade wars | What history teaches us

Group Savings and Retirement June 19, 2025

Since Donald Trump came to power in the United States at the start of the year, the global economy has been on a rollercoaster ride due to the trade war he has launched and its multiple twists and turns.

Few political decisions have as much impact as those relating to international trade, and today’s is not the first war of this kind. With history being an excellent teacher, our economists have taken a historical approach to analyze trade wars and look at their effects on the economy.

In their text, our experts at iA Global Asset Management, Sébastien Mc Mahon, Chief Strategist and Senior Economist, and Alex Bellefleur, Senior Vice-President and Head of Research, Asset Allocation, discuss the lessons that history has to offer on the economic costs and unintended consequences of protectionism.

Consult our economists’ analysis

 

Need expert insights to understand current trends and issues?

Our thought leadership space, Insights, features content from our experts, expressing their views and ideas and sharing their reflections on major trends in the industry.

 

Insights

Trends, issues, viewpoints, diverse and innovative solutions: content that combines our know-how with a visionary perspective to better understand the evolution of the industry and inspire action.

Discover our thought leadership space