Seven Practical Tips For Manufacturers Amid Tariff Uncertainty

Forbes

29-05-2025

For manufacturers, tariff uncertainty isn't a policy debate—it's a disruptor with very real consequences that are throwing a wrench into both short- and long-term strategies.
But manufacturers can't afford to freeze in place. No one knows exactly what tomorrow holds when it comes to tariff rates across geographies and products, but one thing seems certain: in one form or another, tariffs are here to stay as the current administration takes a protectionist approach to global trade.
So, what can manufacturers do until the tariff rates (and turmoil) settle?
I spoke to Stephen Lovass, former executive vice president at precision technology manufacturer Nordson Corp., to get his take on how companies can stay ahead of the curve.
'Bottom line, there are options, but it's complex,' Lovass says. 'You need to communicate heavily with your customers and remain agile as the rates continue to be in flux.'
Here are seven things we identified to navigate tariffs and ongoing trade uncertainty.
The long-term tariff landscape remains murky—but waiting it out isn't a strategy. The manufacturers that act now, even amid uncertainty, will be far better positioned when the dust settles. Taking action today could mean securing more flexible contracts, diversifying suppliers, or simply building better relationships with customers that will pay off in the long run. There's no one-size-fits-all playbook, but there are plenty of smart and proactive moves that can make a real impact.
'There's challenge and opportunity here,' Lovass says. 'So, it's about knowing which side of the coin you're on and seeing how you can get on the right side.'