Allianz Research

Powering ahead:
Global Wealth Report 2025

Sector Atlas 2025: Trade war is a sector war after all

US tariffs are reshaping supply chains, prompting retaliation and heightening uncertainty. Companies will continue to adapt as the trade war is here to stay.

What to watch I August 1, 2025

Trade deals or trade wars? Germany’s insoluble budget equation and tariffs diminishing carmakers’ reshoring prospects

3.5% to 2035: Bridging the global infrastructure gap

Over the next decade, the global economy will need to invest nearly 3.5% of GDP per year (USD 4.2trn) to future-proof social, transport, energy and digital infrastructure against megatrends such as urbanization, supply chain disruptions and AI-driven digitalization.