Companies Must Prepare for Trade Volatility

📆 08/01/2025 21.28.00

Business Berita

TRADE POLICY,TARIFFS,GLOBAL TRADE

As the global trade system faces increasing uncertainty and volatility, company leaders need to adopt an opportunistic and strategic approach. The article outlines a five-part response, including immediate actions and long-term initiatives, to navigate this challenging environment. It highlights the potential impact of US trade policies, such as tariffs on imports, and the need for businesses to anticipate and adapt to these changes.

As they prepare for the coming years’ likely trade battles, company leaders — particularly CEOs and boards — need to recognize that uncertainty and volatility won’t be short-term things; they’re becoming features of the global trade system. To thrive in this kind of environment, leaders need to be opportunistic and strategic at the same time: quick to see a threat or seize on an opening, but also long-term smart about industry trends and competitive dynamics.

Donald Trumpon a call for a general tariff of 10% to 20% on all imports — and 60% or more on goods imported from China. Hehis intention to impose immediate 25% tariffs on Mexican and Canadian goods unless those countries take action on immigration, while adding an additional 10% to tariffs already extant in China.Accelerate your career with Harvard ManageMentor®. HBR Learning’s online leadership training helps you hone your skills with courses like Global Collaboration.

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