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In this episode of Igniting the CEO Within, Mark McFatridge discusses the current state of trade policies and their implications for small to mid-sized businesses with experts Michael Stroud and Joe Heaton. They explore the challenges posed by uncertainty in trade regulations, the impact of tariffs, and the potential opportunities for U.S. businesses to reevaluate their supply chains and explore new markets. The conversation also touches on future predictions regarding trade agreements and the political landscape affecting these policies.
Additional Resources:
D. Michael Stroud, Jr: Ice Miller LLPConnect with Michael on LinkedIn
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Key Takeaways:
- The climate of uncertainty is the biggest challenge for businesses.
- Tariffs are causing confusion and disruption in supply chains.
- Businesses need to reevaluate their sourcing strategies due to changing trade policies.
- There are potential opportunities for favorable trade agreements with countries like the UK.
- Companies are becoming more savvy about trade issues and tariffs.
