With new rules under Section 232 and Section 301 of U.S. trade law, the International Emergency Economic Powers Act (IEEPA), and reciprocal tariffs, the rates are no longer static. They vary by country, spend category, and political climate.
Enterprises are dealing with supplier price increase requests, unclear cost deltas, and confusion over applicable tariff rates and their duration, all while managing rising compliance risks and audit requirements.
It’s critical for companies to understand how tariffs affect landed costs, when they can push back on supplier price increases, and when they need to rethink sourcing altogether