Andreas Steno Larsen, founder and CEO of Steno Research, is back with his co-host Mikkel Rosenvold, the firm’s partner and head of geopolitics, to break down U.S. President Trump's tariffs and why his policies could actually lead to fewer tariffs globally. They also dig into some developing geopolitical risks, bullish signals in the manufacturing cycle, a potential weakening of the U.S. dollar, and the market’s resilience despite rising uncertainty.