At this week's esteemed Global Technology Distribution Council (GTDC) annual EMEA Summit, convened in the vibrant city of Madrid, Spain, the assembly of vendors and distributors engaged in critical discourse on a spectrum of channel issues. However, the prevailing topic that dominated conversations was the pervasive impact of the Trump administration's tariffs on the region.
Leaders from the European technology sector, while recognizing the United States' concerns regarding trade deficits and asymmetrical tariffs, expressed reservations about the abruptness and harshness of the newly implemented levies on their markets.
These European stakeholders are not merely voicing concerns but are proactively seeking robust strategies to fortify their national and regional economies in response to these international economic challenges.
Channelnomics' Larry Walsh and Amy Henderson provide a comprehensive recap of the summit, focusing particularly on the extensive discussions surrounding tariffs, highlighting the nuanced perspectives and strategic responses articulated during the event.