Actions to Navigate Evolving U.S. Tariff and Trade Policies

For decades, U.S. businesses operated under relatively stable trade conditions, where the role of tariffs was often a predictable factor. Companies with international operations could rely on the brokers who cleared goods across borders as a primary resource for understanding the customs impact on the cost and classification of products. These days are over.
 
Tariffs and trade policies are becoming significant aspects of overall international foreign relations policy — tools wielded not just for economic but also geopolitical objectives. The implication is clear: assume constant change, with greater public negotiation of trade agreements and time periods to solidify precise tariff and other trade-related restriction implementation, aiming to advance the new administration’s strategic goals. While this can introduce corporate instability, it can also bring opportunities for those that develop the necessary competencies to manage the evolving landscape. Use these five recommendations to help you plan for the future.

Sponsored by: