Customs, tariffs and trade wars

Recent developments in US trade policy have added a new layer of complexity for international businesses. In April 2025, the US announced a series of sweeping import tariffs affecting a wide range of goods and trading partners. Although framed as domestic economic measures, the consequences are global – particularly for European exporters and companies with transatlantic operations.

Several key industries are already under pressure, including technology, manufacturing, defence, and public procurement. These tariffs can lead to higher costs, disrupted supply chains, and the need to reappraise existing contracts and commercial strategies. Legal issues relating to compliance, pricing, and procurement frameworks are likely to follow.

At Mannheimer Swartling, we help clients navigate evolving trade regulations and the wider implications of geopolitical change. With offices in Sweden, Brussels, New York, and Singapore, our international trade experts advise on all aspects of customs law, including rules of origin, classification, valuation, preferential trade under free trade agreements – helping clients assess scope, understand repercussions, and manage risk across their global operations.

To discuss how your business may be affected, please contact Carolina Dackö, Fredrik Svensson or Stefan Perván Lindeborg.

For more information, please visit: International Trade – Mannheimer Swartling