Steven C. Wrappe

2 weeks ago | thetaxadviser.com | Steven C. Wrappe |Reema Patel |Amelia Rasmus

In our global economy, even a tariff of less than 10% can have a significant impact on the supply chains that cross national borders. Blanket tariffs of 10% and “reciprocal” tariffs of well over 25% can significantly impact the financial conditions of corporations and drastically alter global commerce.