Government contractors reside in the unique intersection of macroeconomics and industrial policy, both of which are relevant in the conversation surrounding President Trump’s use of tariffs. Tariffs are very relevant for companies that mostly focus on services to their government customers as explained in this episode featuring Larry Sher, a government contracts attorney and partner at Winston & Strawn. Sher tells our Ross Wilkers that while companies may not know what the tariff rates will be in the long-term, they still must be foundational in how they operate and support the business of government. The regulatory framework and policy tools contractors have to get some relief for increased costs also feature in their discussion. For more information, check out these client alerts from the Winston & Strawn team: Prospective Tariffs on Goods from Mexico, Canada, and China Summary of America First Trade Policy
