The Latest on Tariffs and Their Impact on Business Strategies [Video and Audio]

  • Industry trends
  • 4/15/2024
Omar Nashashibi

Watch our video and audio series to better understand the goal of tariffs and their likely impact on global trade and the world economy.

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CLA has contracted with The Franklin Partnership and Omar Nashashibi to provide the content for this video and audio series. We regularly add new clips as changes in the trade war and U.S. tariff policies develop, so check back periodically for the latest updates. 

We’ve talked extensively with Omar Nashashibi of The Franklin Partnership and others to record a series of short videos and audio clips that can help you better understand the goal of tariffs, their likely impact on inflation, the current and near-term trade environment, potential global quotas, and strategies for staying competitive.  

Supply Chain Impacted by Baltimore Bridge Collapse

The Port of Baltimore is one of the few in the nation that ranks in the top 20 busiest in total tonnage rank, dry bulk rank, and overall container traffic. The port is a major thoroughfare for commodities, components, and finished products heading in and out of the United States. Our trade policy correspondent in Washington, DC — Omar Nashashibi of The Franklin Partnership — reviews the impact to supply chains, the timeline for reopening the various transitways, and potential federal government support, including financial, since the collapse of the Key Bridge in Baltimore.

USTR Supply Chains Inquiry

The Office of the U.S. Trade Representative is seeking input from stakeholders by April 22 on how the agency can “promote supply chain resilience.” In addition to the written comments due on April 22, the members of the public can appear in person to testify at a hearing in Washington, DC, on May 2. Our trade policy correspondent in Washington, DC — Omar Nashashibi of The Franklin Partnership — suggest opportunities for those interested in speaking on the state of the supply line. A filing of notice of intent to testify at the hearing is due April 12, and if you would like to file a statement or appear in person to testify, you should reach out to CLA.

U.S. and Mexico Steel Talks Heating Up

Trade conflicts may be brewing between the United States and Mexico, and this could be a crucial area to monitor, particularly during an election year. Trade conflicts could affect the availability and pricing of steel and aluminum in North America and could lead to potential disruptions between the United States and Mexico. Our trade policy correspondent in Washington, DC — Omar Nashashibi of The Franklin Partnership — anticipates the U.S. Trade Representative could provide further updates in the upcoming weeks regarding potential actions, the specific types of steel and aluminum that are of interest, and whether Mexico might impose limitations or stricter monitoring on imports from third-party countries.

How we can help

CLA’s manufacturing and distribution professionals and international business advisors can help you assess the impact of tariffs on your operations and craft short- and long-term strategies for competing amid the trade war.

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