Credit: Andreas Prott/Adobe Stock

The world of global trade is often unpredictable, but President Trump’s announcement of sweeping tariffs introduced a whole new level of upheaval. Most of the tariffs have been on again, off again, for more than a month. The latest reprieve offers companies a short, yet valuable, breathing space.

This period is far from a time for relaxation. It is a narrow window during which treasury and finance professionals must prioritize strategic planning, supply-chain fortification, financial preparation, and long-term strategizing, in order to bolster operations and prepare for the future.

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Philip Alberstat

Philip Alberstat is the managing director for Embarc Advisors, an M&A and corporate finance advisory firm. Alberstat has more than 20 years of experience in media entrepreneurship as an operator and producer of podcasts, films, and TV series.