Welcome to the award-winning FCPA Compliance Report, the longest-running podcast in compliance. In this episode, Tom Fox welcomes back Mike Huneke and Brent Carlson, who help us navigate the implications of secondary tariffs, focusing on recent developments following the President's announcement.

They explore why secondary tariffs could be considered the 'nuclear bomb' of trade sanctions, examining their potential impacts on various countries, particularly those doing business with Russia, such as China and India, as well as the broader geopolitical shifts affecting global trade patterns. The conversation emphasizes the need for multinational companies to reassess their supply chains and compliance strategies to mitigate potential risks associated with these tariffs. The episode underscores the importance of companies adapting to a rapidly evolving geopolitical landscape to ensure compliance and maintain their business operations.

Key highlights include:

• Understanding Secondary Tariffs
• Implications of Secondary Tariffs on Global Trade
• Corporate Response to Secondary Tariffs
• Geopolitical Realities and Trade Compliance
• False Claims Act and Enforcement Risks

Resources:

Brent Carlson on LinkedIn

Mike Huneke on LinkedIn

Tom Fox

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For more information on the use of AI in Compliance programs, see Tom Fox's new book, Upping Your Game. You can purchase a copy of the book on Amazon.com

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