Final week, President Trump signed an government order imposing a sudden minimal 10% tariff on almost all U.S. imports. The sweeping measures, which common 29% throughout all affected nations, had been adopted by a focused 125% tariff on Chinese language imports—worn out trillions in world fairness worth inside 48 hours. Then, simply as abruptly, the Trump administration introduced a 90-day pause for all however China, triggering a 9.5% rebound within the S&P 500. This isn’t simply volatility; it’s a stress take a look at. Corporations nonetheless counting on static sourcing fashions and boilerplate contracts are playing with their margins. In a world the place commerce coverage can flip in a single day, strategic contract administration isn’t a back-office activity: it’s frontline anticipatory pondering and motion.
