We provide a comprehensive analysis of the current tariff framework, its impact on global trade, and the specific challenges faced by the space industry. Leveraging our extensive expertise in geopolitical and economic insights, we aim to deliver actionable recommendations to help navigate the complexities of the new tariff landscape.
In 2024, the U.S. has been the number one trade partner for exports of spacecraft products from Europe, representing almost 77% of all exports. While the exact scope and timeframe for applying the tariffs remain uncertain, potential risks for the industry include supply chain disruptions, increased complexity in market penetration, and potential value chain shifts. Space companies can mitigate the impact of tariffs through various short- and long-term actions across four key levers: Commercial Strategy, Operations, Tax, and Customs. PwC, in partnership with Palantir, offers a dynamic modeling solution that simulates tariff impacts, provides visibility to risks, models outcomes, and enables strategic decision-making. Our integrated approach combines geopolitical and economic insights with tariff modeling, risk and scenario planning, and sector-specific capabilities, empowering companies to navigate trade volatility with agility. Explore our latest analysis or reach out to us to discover the most effective ways to navigate the evolving global trade regulations.
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