As the U.S. prepares for potential changes to trade policies in 2025, importers are bracing for higher costs and new supply chain challenges. To help businesses stay ahead, GEODIS has created a guide called “Managing 2025 Tariff Increases: The Smart Importer’s Strategy Guide,” which offers practical steps to prepare for the changes.
“Importers that act early will be better positioned to manage costs and maintain competitive advantages in the face of evolving trade policies,” said Josh Jungwirth, Executive Vice President of Freight Forwarding at GEODIS.
Here are six key strategies from the guide to help businesses protect their margins and stay competitive:
1. Calculate Your Tariff ExposureStart by analyzing your import structure to understand your current tariff exposure. Develop contingency plans for different scenarios, such as a universal tariff (10-20%), targeted increases (25%), or high-impact tariffs on Chinese imports (60-100%). Early planni…