Five Checks For … Reducing Tariff Exposure Right Now

Short summary

This article outlines five practical steps importers can take to reduce tariff exposure amid ongoing trade volatility: verify classification, valuation, and origin determinations; identify high-sensitivity products and suppliers; assess duty-saving programs; review commercial terms for pricing flexibility; and build an internal escalation process for new tariff developments. Together these steps help companies shift from reactive to deliberate tariff risk management.

• •Verify accuracy of tariff classifications, customs valuations, and country-of-origin determinations
• •Identify products and suppliers with greatest tariff sensitivity and evaluate duty-saving programs
• •Review commercial contracts for tariff cost-pass-through and build internal escalation processes

Generated with AI, which can make mistakes.