Articles tagged “tariffs”

With event budgets already stretched, the removal of the duty-free exemption for low-value packages adds yet another challenge to cross-border supply chains.

President Donald Trump drew a line in the sand on Saturday, threatening 30% tariffs on August 1 on products from Mexico and the EU. Planners say this will only compound the effects tariffs are already having on all aspects of events.

Event budgets are being squeezed but instead of scaling back, planners are striking sponsorship deals to continue to deliver high-impact experiences.

Incentive experts stress the importance of a Plan B and C as the geopolitical landscape shifts and costs continue to skyrocket.

New government policies and cutbacks, along with rising costs, have forced planners to rethink logistics and cancel meetings. This may result in some going out of business.

Tariff-driven price increases and international attendee cancellations can cost companies big bucks — unless they’ve addressed these in their contracts.

New research by Skift Meetings shows that planners are grappling with the effects of Trump Administration policies on their events — with 9 out of 10 expressing concern about rising costs due to tariffs.

The U.S.–China tariff rollback is welcome news for the industry, but it doesn’t erase uncertainty.

The rising cost of meetings is prompting planners to reconsider where they hold them. Lower hotel rates and reduced service fees in smaller cities are shifting the conversation away from traditional tier-one destinations.

The U.S. events industry is sounding the alarm, warning that rising tariffs are already impacting budgets and are threatening to harm business.