Navigating Tariffs

Harvard Business School faculty research about how tariffs affect businesses, supply chains, and prices for leaders managing trade uncertainty.

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What does HBS research say about tariffs?

Tariffs have roiled global markets, creating challenges for executives, entrepreneurs, and policymakers. Faculty research explores business sentiment and strategies, supply chain shifts, and other ripple effects.

  • 54%
    Share of leaders of small- to medium-sized businesses who said they opposed tariffs in early 2025.
  • 33%
    Average import surge from China to US government suppliers after tariffs were enacted in 2018.
  • $1.7b
    Value of goods likely rerouted through Vietnam after 2018—less than the $15.5 billion estimated.

Featured faculty studying tariffs and trade