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But he noted that the shock has already been felt by companies, who have already begun to change their processes.
"The whole system is preparing for this to happen again," he said. "The long-term consequences of that will definitely be there."
Hippe Brun, who works mainly in Asia-Pacific, said China has been particularly disturbed by the tariff war.
But he also noted that the world's second-largest economy is well positioned to take advantage of new trade relations with emerging economies, for example through its Belt and Road initiative, a network of infrastructure projects designed to expand the economy. economic scope and political influence of China in several countries..
"With China, they are already ready to open the trade with Europe, the Middle East and Africa.China is already in a position where they can change, adjust and build new chains of Supply, "he said.
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