
10 Strategies to Mitigate Tariffs
STRATEGIES: 1) Diversify Suppliers, 2) Source Locally, 3) Re-Design, 4) Stock-up, 5) Negotiate, 6) Shift Production, 7) Duty Drawback, 8) Tariff Engr’g, 9) Pass on Costs, 10) Free Trade Accords. How? By proactively adopting a mix of these strategies to mitigate (reduce) tariffs – companies can not only manage, but …