How to mitigate the impact of global tariffs on the profitability of an international subsidiary

A volatile and structurally uncertain tariff environment Since early 2025, international trade policy has become markedly more protectionist, with significantly higher levels of instability than those seen in 2018–2019. The re-election of Donald Trump as President of the United States has reignited an economic agenda focused on protecting the domestic market through import tax pressures: This […]