The US’s adoption of widespread tariffs has caused the biggest change in world trade patterns for decades, reversing a long policy drift towards open trade borders.
Find out what impact this can have for your business, whether that be on revenue, markets, employee relations, insolvency risks or fundraising.
Our international multi-disciplinary team is ready to support this work, drawing on our deep experience with trade law, supply chain management, new markets and our expertise working with businesses all over the world.
Out-Law Guide 7 min.read
Tariffs can create significant challenges for trade globally, particularly when businesses face uncertainty and unpredictability.
Buyers and suppliers must review existing supply chain arrangements and ensure that new contracts adequately address the current instability in global trade as a result of continuous changes to US tariffs and trade policy.
Public policy around the world is turning away from a decades-long move towards ever freer trade but this does not have to mean embracing populism. There is a sober argument for some economic protectionism, and the European Union is best placed to make, and implement, it.
Even through times of uncertainty in world trade caused by fast-changing US tariffs policy employers should continue to communicate with their staff.
Dramatic new US tariffs and the uncertainty around their implementation will hit some sectors harder than others and will be likely to cause some companies cease trading, though not necessarily immediately.
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US trade tariffs policy is causing uncertainty in global trade, pushing countries to seek to limit their exposure to the US market by diversifying and strengthening trade links between them, whilst also reaffirming their commitment to a rules-based global trade order.
Our international multi-disciplinary team is ready to support this work, drawing on the depth of our experience in large scale, complex projects to help find the right approach in the years to come.
