Understanding How TARIFFS Affect Global Trade Dynamics and International Business Practices

Overview:

Tariffs are more than just taxes on imports-they are instruments of trade policy that influence the behavior of nations, companies, and consumers.

In this training, participants will gain a deep understanding of the fundamentals of tariffs, including how they are imposed, calculated, and enforced. We'll examine the historical and contemporary use of tariffs as economic and political tools, and assess their impact on global supply chains, production costs, and pricing strategies.

The course also covers how businesses can manage tariff risks through sourcing strategies, trade compliance, customs classifications, and leveraging free trade agreements. Real-world case studies will highlight the effects of trade wars, shifting alliances, and evolving WTO regulations. Attendees will leave with actionable insights and tools to assess exposure, build resilience, and make informed decisions in a tariff-driven global economy.

Why you should Attend:

In today's rapidly shifting geopolitical and economic landscape, tariff policies are being used more aggressively by governments to protect domestic industries or retaliate in trade disputes. Understanding how tariffs affect your business, supply chains, and trade partners is essential to navigating risk, maintaining competitiveness, and adapting your international strategies. Whether you're in compliance, procurement, strategy, or trade operations-this course will equip you with the tools to anticipate changes and respond proactively

Areas Covered in the Session:

• What are tariffs? Definitions, types, and trade policy context
• How tariffs are imposed and calculated
• Tariffs vs non-tariff barriers
• Tariffs in action: U.S.-China trade war and other modern case studies
• Impact of tariffs on supply chains, pricing, and sourcing decisions
• Tariff mitigation strategies: trade agreements, reclassification, restructuring
• WTO rules and the legal framework of global trade

Who Will Benefit:

• Anyone that works in a Financial Institution