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It is a critical time for the world economy. Trump’s ‘reciprocal tariffs’ announcement has hit hard, plunging the world financial system into chaos. World leaders have answered with a mix of deep concern, bewilderment, exasperation. At present, uncertainty means nobody really knows where things are headed. Is there a path to trade peace and de-escalation? Or could things get even worse? With a rich investigative background, journalist Misha Glenny looks at the current geopolitical landscape, the escalating US-China chip war, the EU’s vulnerabilities and the bloc’s next possible moves. The uncertainty about everything seems more concerning than the direct impact of the tariffs. Glenny elaborates on what risks the future may hold and how we may go about navigating them.