Core Viewpoint - The increase in tariffs may lead to supply chain disruptions and a surge in inflation [1] Group 1 - Higher tariffs are expected to create significant challenges for global supply chains, potentially leading to delays and increased costs [1] - The International Bank for Settlements warns that these tariff hikes could exacerbate inflationary pressures in various economies [1] - The potential for inflation to rise significantly could impact consumer purchasing power and overall economic stability [1]