The Evolution of Trade Tools: Navigating Sanctions, Tariffs, and Domestic Content Strategies

The Evolution of Trade Tools: Navigating Sanctions, Tariffs, and Domestic Content Strategies

In this episode of FIBA on Risk and Compliance Excellence (The F.O.R.C.E.), we explore the evolving landscape of trade regulations, economic sanctions, and tariffs under the new U.S. administration. Hosted by David Schwartz, President and CEO of FIBA, this episode features the Chair of FIBA’s Trade and Working Capital Solutions Committee, Shalako Wiener.

Join them as they discuss how trade policies impact businesses and global markets.

Key Topics Include:

• The effectiveness of sanctions and why they often fail to achieve policy goals.
• The role of tariffs in addressing unfair trade practices and their unintended consequences.
• The potential of domestic content requirements as a sustainable trade strategy.
• The importance of fair competition and protecting U.S. intellectual property.
• How businesses can adapt to shifting trade policies and economic challenges.

Podcast Recap:

• Sanctions have historically had limited success in bringing about political change.
• Tariffs can level the playing field but may trigger trade wars and price increases.
• Domestic content requirements offer a long-term solution to protect local industries.
• The U.S. must balance free trade with economic security and fair competition.

Thank you for joining us! Stay tuned for more expert insights at the 25th Annual FIBA AML Compliance Conference in Miami, March 24-27, 2025.