Key Considerations for Middle Market Businesses Navigating New Tariffs

This document is a guide outlining key considerations for middle market businesses in response to new tariffs imposed by the US government. It discusses the urgency for management teams to address both short-term operational challenges and long-term risk mitigation strategies related to supply chains and export markets. The guide details the implications of tariffs on various industries, particularly those reliant on international suppliers, and suggests actions to manage supply chain impacts, economic effects, and geopolitical risks. It emphasizes the importance of conducting thorough assessments of supply chain vulnerabilities, production costs, pricing strategies, and export demand risks. The document also highlights the need for businesses to develop robust strategies to adapt to the evolving trade environment, including scenario planning and supplier contract evaluations. By following these guidelines, middle market companies can better navigate the complexities introduced by tariff policies and maintain competitive advantages.