Post by FGS Global

July 24th is the date every trade-exposed business should have in their calendar. That's when the current legal basis for U.S. tariffs — the Section 122 authority the administration moved to after the Supreme Court struck down IEEPA — expires. A new framework under Section 301 is already being built to replace it, but still, the uncertainty won't go away. For companies operating across the Atlantic, the more useful question right now isn't which legal architecture holds, but whether your business is ready for what’s next. Three things worth doing now: 1. Assess your tariff exposure under the ongoing trade investigations and build an advocacy strategy before final duties are announced. 2. Map your supply chain to where US trade policy is creating real vulnerability. Sectoral exposure varies considerably depending on input sourcing and trade routes. 3. Talk to your American customers. These tariffs are paid by US importers, not European exporters. The companies best positioned will be those that have already had the conversation about cost pass-through and planned for it. Our full analysis from experts Rachel Alexander, Ethan Holmes, Stephen Adams and Biancastella de Angelis is here: https://lnkd.in/eZVM-i7G