This month’s alternative data insights include the tariffs trade war, AI reshaping the labour market and growing demand for MCP connectors.

Tariffs and trade wars are back in the spotlight

Tariffs have been making headlines once again, with President Trump announcing a 50% tariff on a range of Canadian goods on 19th August. On 24th August, the President clarified that this would include a 50% tariff on automotive goods beginning in January 2027. Subsequently, Canada announced $20bn of retaliatory tariffs on US goods on 25th August, matching the US’s 50% tariff rate. Tariffs have been cited as one of the main factors contributing to economic instability, but what is the current state of play?