Managing Tariffs and Market Uncertainty

In a recent roundtable discussion, executives from a diverse range of industries explored how businesses are responding to tariffs within the broader context of market volatility and uncertainty. The conversation revealed a mix of immediate tactical actions, longer-term strategic considerations, and areas where businesses have yet to act decisively.

While some companies are already adapting supply chain strategies and contract structures, many remain in a “wait and see” mode, hesitant to commit to structural changes without a clearer picture of long-term policy shifts. The discussion also raised fundamental questions about whether businesses need to move away from traditional supply chainsand toward supply networks or ecosystems, potentially governed by shared standards rather than rigid contracts.

This report summarizes key insights from the discussion, structured around three core themes:

• What businesses are doing now
• What businesses are considering for the future
• What businesses are not yet doing but may need to address