President Trump's "Liberation Day": What It Means for Supply Chains

On Wednesday, April 2, the Trump administration announced its “Liberation Day” tariff policy. The policy imposes tariffs that are effective immediately and that are expected to last indefinitely. Leaving aside the politics and merits of the tariffs, the fact is that companies must contend with them. They may roil global supply chains, cause input scarcity, and result in higher prices, but companies will have to determine how to deal with these challenges....
By: Steptoe & Johnson PLLC

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