
#Economic publications
Xavier Durand : "Global trade is resilient; it creates too much value for it to stop"
Coface CEO Xavier Durand analyzes the war in Iran and its short- and medium-term risks for French newspaper Le Figaro.

Navigate uncertainty with Coface's global risk assessments covering more than 160 countries and 13 sectors.
#Economic publications
Coface CEO Xavier Durand analyzes the war in Iran and its short- and medium-term risks for French newspaper Le Figaro.
#Economic publications
Where are the biggest global business risks in 2026? Coface economists analyze 160 economies and 13 industries to help companies assess risk, plan investments, and make informed international business decisions.
#Economic publications
On Feb. 20, the U.S. Supreme Court invalidated the ‘reciprocal tariffs’ imposed by the Trump administration. This is a major legal setback, but it does not change the overall trade policy landscape. The United States continues to maintain historically high tariffs, and the environment remains unstable for businesses.
#Economic publications
Some say the bold days of global trade are over and the future is clouded by caution. Progress still belongs to those who are looking outward, adapting faster, reaching further. The proliferation of risks is forcing large companies to adapt their analysis frameworks and deploy new resources, often in real time, or even to rethink their strategy. How can large European groups come out on top? Multinational executives and partners recently shared their insights at our 2026 Coface Country Risk Conference.
#Economic publications
The military escalation between the United States, Israel and Iran is putting extreme pressure on energy markets. Although no major supply disruptions have been reported, the risks surrounding the Strait of Hormuz pose a threat to the global economy if the conflict continues.
Navigate uncertainty with Coface's global risk assessments covering more than 160 countries and 13 sectors.
#Economic publications
The United States Supreme Court ruled that the White House had exceeded its authority to impose reciprocal tariffs. What does this mean for the trade war? Our North America Economist Marcos Carias answers your questions.
#Economic publications
Momentum for the global economy has been varied moving into 2026. We expect growth of +2.6% this year – a very minor downtick on +2.8% in 2025 – despite an international environment marked by persistent geopolitical, financial and social risks.
#Economic publications
After nearly twenty years of stop-start negotiations, the EU and India have finalized one of the most ambitious free trade agreements (FTAs) of the last decade, opening up their markets while protecting sensitive sectors. The benefits are expected to be gradual, but already offer tangible prospects for goods, services, and investments on both sides.
#Economic publications
A key metal in the electronics industry — solder alone accounts for 50% of global demand — tin is benefiting greatly from energy and digital transitions. However, supply growth remains limited, particularly in the Democratic Republic of Congo (DRC) and Myanmar, which is expected to lead to a supply deficit as early as 2026, the first since 2021.
Navigate uncertainty with Coface's global risk assessments covering more than 160 countries and 13 sectors.
Dive into the world of global trade with Coface's Trade Talk podcast. Listen to conversations with trade experts as they examine current market dynamics and growth strategies.
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