Global manufacturers are navigating a complex and rapidly evolving trade environment marked by shifting policies, geopolitical tensions, and supply chain disruptions. Fluctuating trade policies and geopolitical dynamics are testing the flexibility and resilience of many businesses.
The ongoing changes to bilateral and multilateral agreements, including the US-Mexico-Canada Agreement that is being renegotiated this year, introduce uncertainty around rules of origin, labor standards, and enforcement, potentially influencing investment and operational decisions.
As they seek to build resilience, many manufacturers are adopting agile strategies, including scenario planning, integrated supply chain visibility, and strategic pricing to manage volatility and capitalize on emerging opportunities. Insurance solutions like trade credit, contract frustration, and supplier default coverage are increasingly recognized as strategic tools to stabilize cash flow and protect revenue streams amid this uncertainty.
In this episode of Risk in Context, Christopher Coppock, Credit Specialties’ Head of Geopolitical and Economic Risk for Marsh Risk, speaks with Falak Kothari, Manufacturing Industry Leader for Marsh Risk Canada, and Azzizza Larsen, the Financial Institutions Practice Leader for the US and Canada within Credit Specialties. They discuss key challenges that manufacturers are facing and share practical advice to help businesses manage risk and build resilience in a fast-changing global trade environment.
