Partner Erik Smithweiss was recently quoted in a CNN article discussing how American companies are adapting to the new tariff landscape, and how companies are employing tariff engineering to mitigate the financial impact.
Erik discussed the legal and logistical strategies businesses are employing to mitigate the impact of tariffs, such as restructuring supply chains, seeking tariff exemptions, and exploring alternative sourcing options. Erik emphasizes that within the regulatory framework, if products can be changed to fit into a certain tariff code, GDLSK will “work with them on whether that is a reasonable position to take.”
Read the full article here: https://www.cnn.com/2025/05/06/economy/us-businesses-avoiding-tariffs.
