Trade and Tariffs

President Trump's trade policies have changed the landscape for businesses, ushering in new supply chain challenges and uncertainty that make decision-making difficult.  McCarthy Consulting LLC utilizes its expertise and relationships in trade policy to provide companies with strategic foresight that helps them plan and make decisions.  In addition, the firm crafts strategic federal government engagement plans to ensure businesses' voices are not only heard but also influence the Administration's trade decisions.

Advocacy  

While it may seem impossible to change federal trade policy, engaging with the Trump Administration and Congress makes a difference.  There are a variety of paths for businesses to pursue, each with its own process and dynamics. For example:

The Commerce Department has announced "inclusion" processes that allow companies to request tariffs on their foreign competitors' products. See here for details on how to apply for these tariffs: https://www.danmccarthyconsulting.com/insights/2811989_how-to-request-section-232-tariffs-steel-aluminum-auto-truck-parts-copper-products

The Administration recently announced an expanded list of exemptions to its "reciprocal" tariffs and created a list of imports that could potentially be exempted as part of trade agreement announcements.  There is no public process for these exemptions; the decisions are made behind the scenes, so McCarthy Consulting helps companies craft a plan to get you in the room to shape the outcome. 

In addition, USTR recently announced a public comment period to allow companies to offer their perspectives on how the trade agreement with Canada and Mexico (USMCA) affects them.  But submitting a public comment is just one piece of the puzzle.  Direct engagement with USTR and Congress is vital to help companies get the results they are seeking.  Click here for more: USMCA Public Comments: Make Your Voice Heard

Insight

Trade developments are evolving daily.  New tariffs are announced by the President on Truth Social, while the White House announces exclusions to certain tariffs, and the Commerce Department expands the list of products subject to tariffs.  Meanwhile, the Trump Administration is defending its reciprocal tariffs before the Supreme Court as it works on a tariff "Plan B" if the court strikes them down.  While unpredictable, if you follow closely, patterns have emerged that allow us to foresee likely scenarios and outcomes.  

Businesses rely on McCarthy Consulting LLC to cut through the noise and lay out the likely trade outcomes to help them make investment decisions.