Amid a rapidly evolving global economy, geopolitical tensions and shifting policy landscapes are reshaping the international dynamics of infrastructure development, supply chains and trade agreements. These changes have triggered significant uncertainty and risk to the infrastructure sector, causing investors to shift their focus on diversifying supply sources, reshoring production and investing in critical technology.

Global trade agreements are experiencing frequent alterations, with significant fluctuations in tariff policy contributing to a volatile landscape. In April, the Trump administration imposed a minimum 10 percent tariff on nearly all countries, coupled with high reciprocal tariffs. Markets dropped globally. Then, days later, the administration paused reciprocal tariffs for 90 days, excluding China. The United States then placed a 145 percent tariff on imports from China. Then, in May, the United States and China agreed to a 90-day pause on retaliatory tariffs, s