Sabrina Bandali speaks with the Globe and Mail about the importance of corporate risk management as businesses assess the risks and uncertainties caused by US President Donald Trump’s tariffs.
She points out that companies can take practical steps to navigate risk management challenges relating to imports. This includes taking a more rigorous approach to customs compliance—not only to determine the correct amount of duties but also to properly declare the origin of imports.
“When you start to pick away at that, what you find is these practices that might not have had a huge amount of risk associated with them now have real dollar impacts,” Sabrina says.
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