Tackling shifting tariffs

we can provide comprehensive support through scenario mapping and analysis of implications. By identifying key success factors, we can better understand the potential outcomes and prepare accordingly. Additionally, we can assist in the development of a strategic action plan that covers critical areas such as supply chain, tax, trade, and legal considerations. This holistic approach will enable the company to navigate these challenges effectively and enhance its financial stability.
 

Contacts

Kristof Boodts
Energy & Chemical Sector Leader, Deloitte Belgium

Bruno Peelaers
Deloitte Private Partner, Deloitte Belgium

We offer expert guidance to optimise your pricing strategy, ensuring competitive positioning and profitability. Our services include detailed cost analysis, price adjustments to reflect market changes, and strategic advice to enhance your pricing models.
 

Contact

Kristof Boodts
Energy & Chemical Sector Leader, Deloitte Belgium

Deloitte supports clients to better understand market conditions and forecast market dynamics to take informed commercial decisions

• Target value chain analysis, forecasting cost positions from suppliers to distribution partners
• SWOT analysis of competitors to understand own pricing power and differentiation potential
• Target demand analysis, taking into account global value chains

Contacts

Kristof Boodts
Energy & Chemical Sector Leader, Deloitte Belgium

Elevating customer experiences through strategic insights

In a world of constantly evolving customer expectations, how can you ensure that your organisation stays relevant and competitive? This is where our Customer Strategy & Design services come into their own. Our robust, insight-driven approach will enable you to analyse, maintain and strengthen your competitive edge in changing markets.

At the heart of designing experiences are the behaviours and motivations of your customers, partners and workforce. We can help you better interpret their needs and motivations, using differentiated human insights. This will empower you to deliver more meaningful experiences, driving measurable progress and organisational transformation.
 

Contact

Kevin Van der Plas
Customer & Marketing Partner, Deloitte Belgium

Philippe  Delhez
Customer Strategy & Design Leader, Deloitte Belgium

Deloitte supports clients to navigate their supply chain through turbulent trade tariff times:

• Visibility: monitoring impact of trade tariffs on their supply chain and the broader ecosystem, including impact by n-tier suppliers
• Simulation: building simulation capabilities, assessing which short-term respond actions as well as mid-term initiatives are best-fit for different future scenarios and trade conditions. The future is very uncertain, let’s avoid spending immediately a lot of time & effort in building detailed business cases
• Collaboration: recommend actions, robust in uncertain times, that are optimal from an end-to-end perspective, by collaborating across functions: Customs & Trade, Tax & Transfer Pricing, Legal, Sales.
  

Contacts

Kevin Overdulve
Supply Chain & Network Operations Leader, Deloitte Belgium

Kirsten Delnooz
Supply Chain and Operations Director, Deloitte Belgium

Gert De Baerdemaeker
Supply Chain & Network Operations Senior manager, Deloitte Belgium

1. TRADEclassifier – Tariff Impact Assessment
   Are tariffs impacting your global operations? Deloitte can help you navigate this evolving landscape with our Tariff Impact Assessment, powered by TRADEclassifier and Data Quality Assessment (DQA) capabilities. In today’s world of complex cross-border trade, understanding your tariff exposure is more important than ever. Our tools and methodologies are designed to help you assess, manage, and optimize your classification data efficiently.
2. SAP GTS - Unlock Seamless Global Trade with SAP GTS
   Navigating the complexities of international tariffs can be daunting. SAP Global Trade Services (SAP GTS) is your solution to streamline and automate global trade processes, ensuring compliance and efficiency. Transform your global trade operations with SAP GTS and experience hassle-free tariff management.
3. Supply Chain Simulation – Which supply chain initiative is best-fit for which trade tariff condition
   Future trade tariffs and conditions are uncertain & unpredictable. Together, let’s simulate when to take which action: get visibility which supply chain initiative is best-fit for which trade tariff & policy conditions, before building detailed business cases. Let’s take decisions that are robust in multiple trade tariff scenarios
   

Contacts

Dries Bertrand
Global Trade Advisory Partner, Deloitte Belgium

Gertjan De Boever
SAP GTS Centre of Excellence Director, Deloitte Belgium

Creating dynamic networks through cutting-edge supply chain solutions

Traditional supply chains are evolving into connected, intelligent networks. With Deloitte’s Supply Chain & Network Operations services, we’ll help you design and operate flexible digital supply networks that adapt to new market demands and technological advancements. Our approach can allow you to move faster, with more agility, while optimising business processes across the value chain.
 

Contact

Kevin Overdulve
Supply Chain & Network Operations Leader, Deloitte Belgium

Consciously navigating the duty aspect of global trade in the current and future landscape in a resilient manner becomes one of the key pillars. An accessible plan for businesses that are facing the reality of doing business in an era of volatility, rising protectionism, continuously shifting trade policies and increasing tariffs starts with gaining insights on the overall current trade (duty) footprint. By focusing on accurate insights and strategic mitigation , enterprises of all sizes can not only adapt to the new trade realities, but more importantly also leverage on opportunities stemming therefrom. Deloitte can help as follows:

• Mapping out the current duty footprint against the impact of different mitigation actions and strategies in short and long term includes cross-functional scenario mapping.
• Co-determining a tariff strategy, focused on duty impact mitigation through an instrumentarium of customs mechanics including product classification, customs value and origin review, adaptation and motivation (tariff engineering). This includes measures such as price unbundling, first sale, product engineering, non-preferential origin re-assessment, mass-classification review, etc.
• Validation of your in-house developed tariff strategy either through our professional opinion or with involvement of customs authorities through informal consultation and/or formal rulings (such as biding tariff information, binding origin information, valuation ruling, etc.).
• Constant monitoring of tariff measures announcements in order to evaluate if the actions and strategies identified are sufficient or flag where re-alignment is required.
• Special customs regimes: assess the use of special customs regimes (Free Trade Zones, customs warehousing, inward and outward processing, transit) to increase cash flow position and potential duty deferral.
• Duty drawback programs/reconciliation: utilize duty drawback and reconciliation processes in to recover duty or postpone duty impact
• Provide education and knowledge transfer in terms of in-houe capacity building around aforementioned topics
  

Contact

Dries Bertrand
Global Trade Advisory Partner, Deloitte Belgium

Daan De Vlieger
Global Trade Advisory Partner, Deloitte Belgium

Frauke De Temmerman
Global Trade Advisory Director, Deloitte Belgium

These developments present a unique momentum for businesses to reassess and align their operations to the best suited tax structureDeloitte’s Value Chain Alignment team can assist leaders in understanding the tax implications and options available, helping capture value created from business transformation as leaders seek to harmonise business strategy, tax strategy, and operational risk.
 

Contact

Paul Marneffe
Transfer Pricing Director, Deloitte Belgium

Nathalie Verthongen
Business Tax and Value Chain Alignment Senior manager, Deloitte Belgium

• Setting a proactive grants and incentives strategy on one or several jurisdictions
• Put priorities on opportunities to pursue
• Feasibility study to analyze match with requirements and estimate the potential benefits
• Support on preparing, filing and monitoring applications

Contact

Jérémy Ngamilu
Grants & Incentives Senior Manager, Deloitte Belgium

Roel De Mondt
Investments and Sustainability Director, Deloitte Belgium

Modern solutions for your trade, customs, and export compliance needs

Companies engaged in global trade face complex import, export, and border security customs and regulations. Managing global supply chains requires navigating the laws of multiple jurisdictions to maintain compliance, qualify for benefits, and keep costs low. Whether the customs function is in-house or outsourced, obtaining full insight into the global customs profile of a multinational is often difficult, if not impossible.

Deloitte’s export compliance professionals advise on duties, taxes, risks, penalties, and consequences of noncompliance. We help standardize and automate trade and customs duty compliance processes, allowing clients to operate more efficiently at lower risk. Standardization and automation can also help businesses capture the benefits of special trade programs.
 

Contacts

Dries Bertrand
Global Trade Advisory Partner, Deloitte Belgium

Daan De Vlieger
Global Trade Advisory Partner, Deloitte Belgium

Inaccuracies in tariff-related customs master data can trigger customs audits and/or penalties.  Customs authorities frequently scrutinize valuation, classification or origin adjustments, especially in cases where these data are changed in a way these impact the duty footprint. Deloitte Legal can represent you on these highly technical and specialized topics during an investigation and eventual litigation before the appropriate fora.
 

Contact

Alexander Baert
Tax Dispute Resolution Director, Deloitte Belgium

Tariff Risk Management: Review and update contractual terms to clearly allocate tariff risks. Include force majeure or hardship clauses specifically addressing tariff escalations.

Pricing and Renegotiation Clauses: Implement clauses enabling renegotiation or price adjustments in response to tariff hikes, providing contractual flexibility to maintain profitability and compliance.
 

Contact

Els Van Poucke
Tax & Legal Partner, Deloitte Belgium

Navigating mergers and acquisitions (M&A) in the current landscape requires careful evaluation and strategic alignment. Our team provides comprehensive support, including thorough due diligence, partner evaluation, and strategic planning to ensure successful integration and maximise synergies. Additionally, understanding foreign subsidies is crucial for M&A activities.
 

Contact

Marc Van tieghem
Tax and Legal Partner, Deloitte Belgium

Wouter D'herde
Corporate and M&A Director, Deloitte Belgium

Combining business experience and legal excellence, we deliver comprehensive solutions designed to address the evolving needs of the Chief Legal Officer.