Surviving Trump's Tariffs: Essential Strategies for Marketers
In April 2025, President Donald Trump imposed a blanket 10% tariff on all U.S. imports, significantly impacting global trade dynamics. This includes steeper rates targeting specific countries: 46% on Vietnam, 20% on the EU, 32% on Taiwan, and 34% on Chinese goods. The swift global reaction highlighted concerns about economic repercussions, with Goldman Sachs increasing U.S. recession odds to 45%. Marketers must adapt their strategies, addressing the complexities introduced by these tariffs.