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A tariff is a tax that governments place on imported or exported goods. These taxes can impact the cost of products, trade relationships and how businesses operate. With Donald Trump as the 47th US president, shifts in tariff policies are changing global trade, manufacturing and supply chains.
Higher costs and supply chain challenges are indeed possible going forward. But businesses now have the chance to grow in different markets and improve their trade practices. Understanding tariffs and how they affect trade is essential for keeping ahead of the competition.
Fastmarkets provides you with actionable insights. Use our market intelligence on tariff updates to make smarter decisions in agriculture, forest products, metals, mining and battery raw materials.
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