How tariffs impact our global business
As a global business, serving over 14m members across 187 countries, CarltonOne is acutely tuned to the intricacies and consequence of international trade and tariffs.
One of our core competitive advantages is local reward sourcing and fulfillment. Our business is founded on the belief that we can serve members better, and our clients more effectively and affordably, if we avoid cross-border shipping. Our experienced Procurement team works daily with in-country suppliers to source and ship rewards directly to members. This enables faster delivery, no surprise customs duties or fees, full local warranty and voltage support and regional tax compliance.
While this local, on-the-ground advantage helps our clients and partners avoid onerous cross-border headaches, it doesn’t offset the impact of international trade tariffs. These tariffs can directly affect reward costs as the cost of manufacturing, raw materials and parts prices rise.
The recent outbreak of new and increased tariffs from the US government has triggered reciprocal threats from the desks of many Foreign Trade departments. This escalation will create supply chain uncertainty for much of this year.
In this report we’ve asked our Procurement team to provide their assessment of the current situation in their respective regions, as of April 2025, to help provide a sense of how Washington’s protectionist sabre-rattling is affecting markets globally.
Download our FREE Global Tariff whitepaper to learn more!