New and evolving tariffs on specific countries and materials will have implications for businesses throughout the supply chain: increased material costs (driving up overall costs), shortages, shifts in demand. They might also impact valuations, as higher costs would increase pressure on profitability. Companies can boost their resilience against these impacts by understanding, optimizing, and diversifying their supply chain, and maintaining close communication with suppliers and stakeholders.

Learn more:

• Amid tariffs, inventory and supply chain management matter more than ever

• Tariff taxation: How to assess your state sales tax exposure

• Manufacturers’ steps to resilience

• How construction contractors can stay prepared

• Understanding transfer pricing and new U.S. tariffs on goods importation

• Tax incentives for consideration when reshoring or expanding abroad

• Meet BABA with local manufacturing powered by Section 108 funding

Amid evolving news of cuts or pauses to federal funding and programs, it remains prudent for government contractors and grant recipients to consider their funding sources and prepare to weather any changes. It will be important to understand your funding terms – your options and obligations, and how to handle a potential termination – and to carefully manage cash flow.

Learn more:

• Cybersecurity risks during layoffs: How federal agencies can stay safe

• Navigating federal funding uncertainty: What to consider

• Federal Market Tips: Navigating today’s government grants and contracts

• Stop-work and termination considerations

• Termination of government grants and contracts: Maintain compliance, mitigate costs

• 2025 Gauge report: Mastering Resource Planning + Project Execution

• Navigating the Evolving Landscape of CMMC Compliance: A Strategic Perspective

• Capitol Connection Updates

The private equity and M&A dealmaking market has been experiencing some headwinds amid increased levels of uncertainty and a possibly higher cost of doing business across international borders. As tariffs continue to evolve, PE firms must evaluate their impact on both their current portfolio companies and potential acquisitions. It will be critical to control expenses and create value, such as by optimizing supply chains and cost structures.

We may still see tailwinds favoring dealmaking, such as a reduced emphasis on regulation – likely leading to lower regulatory compliance costs – and/or more favorable tax policies for PE firms and their portfolio companies. But until more certainty returns to the markets, dealmakers should move with thoughtful caution.

Learn more:

• Private equity update: Adapting to market shifts and challenges

• Private Equity’s Sprint to Value Creation

• Selling the business: Preparing to be transaction-ready

• Navigating 2025 for investors: Tax cuts, regulatory changes, and market dynamics

• Alternative investment funds: 2025 regulatory, economic, and fundraising outlook

• Add-on acquisitions in private equity: Strategy meets execution