Impact of Tariffs on Businesses
Impact of Tariffs on Businesses
About This Course
This course explores the impact of tariffs on various industries, supply chain dynamics, and government regulations. It provides a comprehensive understanding of how tariffs shape trade relationships and business strategies. You’ll learn about different tariff types, sectors most affected, and ways companies adjust to changing trade policies.
Through reading materials, case studies, videos, and quizzes, this course equips you with practical knowledge to navigate tariff-related issues in today’s global economy.
What You Will Learn
- Explain how governments implement tariffs and the stated justifications commonly used, such as national security and unfair trade practices
- Analyze real-world trade policy case studies, including the US-China trade war and US tariffs on Canada and Mexico, and their effects on businesses
- Evaluate the impact of tariff escalation and retaliatory tariffs on supply chains, input costs, and consumer prices
- Assess strategies businesses use to respond to tariff risk, including supplier diversification and relocating production
Who This Course Is For
- Finance managers and financial controllers
- FP&A professionals and management accountants
- Finance business partners supporting commercial decisions
- Accountants building broader financial-management skills
Prerequisites
- None
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Course Details
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