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	<title>The Harvard Law School Forum on Corporate Governance</title>
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	<title>Companies Disclose Executive Pay Impacts of Trump Tariffs &#8211; The Harvard Law School Forum on Corporate Governance</title>
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		<title>Companies Disclose Executive Pay Impacts of Trump Tariffs</title>
		<link>https://corpgov.law.harvard.edu/2026/05/27/companies-disclose-executive-pay-impacts-of-trump-tariffs/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=companies-disclose-executive-pay-impacts-of-trump-tariffs</link>
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		<pubDate>Wed, 27 May 2026 11:33:27 +0000</pubDate>
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				<category><![CDATA[Practitioner Publications]]></category>
		<category><![CDATA[Corporate Disclosures]]></category>
		<category><![CDATA[Geopolitical Risk]]></category>
		<category><![CDATA[Public Companies]]></category>
		<category><![CDATA[Risk disclosure]]></category>
		<category><![CDATA[SEC filings]]></category>
		<category><![CDATA[Supply Chains]]></category>
		<category><![CDATA[Tariffs]]></category>
		<category><![CDATA[Trade Policy]]></category>

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		<description><![CDATA[Tariffs imposed by the Trump administration in 2025 introduced a new layer of uncertainty for U.S. companies already navigating a fragile macroeconomic environment. The measures apply to imports from most global trading partners across a wide range of tariff rates, shifting constantly in response to negotiations, policy changes and foreign retaliation. During the 2026 proxy season, this [&#8230;]]]></description>
				<content:encoded><![CDATA[<hgroup><em>Posted by Joyce Chen, Equilar, Inc, on Wednesday, May 27, 2026 </em><div class='e_n' style='background:#F8F8F8;padding:10px;margin-top:5px;margin-bottom:10px;text-indent:2.5em;'><strong style='margin-left:-2.5em;'>Editor's Note: </strong> <p style="margin:0; display:inline;">Joyce Chen is an Associate Editor at Equilar, Inc. This post is based on an Equilar memorandum by Ms. Chen and Andrew Gordon.</p>
</div></hgroup><p style="text-align: justify;">Tariffs imposed by the <a href="https://www.congress.gov/crs-product/R48549" target="_blank" rel="noopener noreferrer">Trump administration in 2025 </a>introduced a new layer of uncertainty for U.S. companies already navigating a fragile macroeconomic environment. The measures apply to imports from most global trading partners across a wide range of tariff rates, shifting constantly in response to negotiations, policy changes and foreign retaliation. During the 2026 proxy season, this uncertainty influenced how companies evaluated executive compensation programs, with many organizations addressing tariff-related impacts in their proxy statements, particularly when determining performance goals and pay outcomes.</p>
<p style="text-align: justify;">This Equilar analysis examines U.S. public companies that disclosed tariff-related impacts during the 2026 proxy season.<img decoding="async" src="https://corpgov.law.harvard.edu/wp-content/uploads/2026/05/Pasted-4.gif" alt="" width="1" height="1" /><img loading="lazy" decoding="async" src="https://corpgov.law.harvard.edu/wp-content/uploads/2026/05/Pasted-5.gif" alt="" width="1" height="1" /></p>
<p> <a href="https://corpgov.law.harvard.edu/2026/05/27/companies-disclose-executive-pay-impacts-of-trump-tariffs/#more-181067" class="more-link"><span aria-label="Continue reading Companies Disclose Executive Pay Impacts of Trump Tariffs">(more&hellip;)</span></a></p>
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