Tariffs have been an important element of global trade policy since the founding of the United States, but recent changes have marked a significant departure from previous years. These changes are notable not only for the magnitude of the increases in tariff amounts, but also in their widespread impact.
In this evolving tariff landscape, Nixon Peabody can assist companies in several key ways:
Understanding the Current Landscape
We help companies understand how the current tariff landscape affects their business, whether they import a small number of high-value items or a broad set of articles into the United States.
Strategic Adjustments
As tariffs change, we advise companies as they consider adjusting their supply chains to either minimize tariffs or ensure they have the flexibility needed to bring goods into the United States in a manner that is productive for their operational and retail needs.
Navigating Enforcement
When US Customs and Border Protection seek to conduct audits or enforcement related to tariffs, we represent companies as they navigate this process and manage risk.
Navigating the evolving tariff policies requires a strategic approach and a deep understanding of the factors at play. By staying informed and adaptable, companies can mitigate the impacts of these changes and continue to thrive in a complex global trade environment.