Two Minutes in Trade – Automotive Industry Braces for Impact

With 2 weeks to go until March 4th, the date the postponed tariffs are scheduled to go into effect, the auto industry is anxiously waiting for developments and hoping for another reprieve. In the meantime, companies should look at their options and consider what levers they may be able to pull to blunt any potential impacts if the tariffs go into effect.  Please visit ST&R’s website for a list of options that companies can employ to help reduce or eliminate tariffs at: https://www.strtrade.com/trade-news-resources/tariff-actions-resources/mitigating-tariff-increases