Community Futures Peterborough – Navigating Tariff Impacts with Strategy: A Guide for Entrepreneurs
Developed by Community Futures Peterborough to guide entrepreneurs on how to navigate the U.S. Tariffs.
Navigating Tariff Impacts with Strategy: A GUIDE FOR ENTREPRENEURS
The trade relationship between the United States and Canada has forever changed. With tariffs and counter-tariffs in place, and those policies shifting daily, businesses in our community face real challenges and confusion. On March 4, we joined with our community partners to give you access to experts to provide some guidance and actionable advice in the early days about what businesses can do to minimize the impacts of tariffs. While the tariffs themselves continue to change, we know something that will not change: our local businesses view trade with the United States in a different light and are eager to look for ways to decrease dependence moving forward. We have pulled together a toolkit, designed to allow you to gather information and possible next steps for a playbook you can work with your advisors on implementing moving forward. We believe businesses in the City and County of Peterborough are some of the most resilient out there, and we hope there are some actionable steps in this document that you can start using today.
Table of Contents
- TARIFF COSTS 101
- SUPPLY CHAIN DIVERSIFICATION
- CURRENT CUSTOMERS & EMERGING MARKETS
- FINANCIAL HEDGING & RISK MANAGEMENT
- COMMUNICATIONS & BRANDING
- STRATEGIC PARTNERSHIPS