The Harvard Law School Forum on Corporate Governance https://corpgov.law.harvard.edu The leading online blog in the fields of corporate governance and financial regulation. Wed, 24 Jun 2026 20:59:29 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.8 https://corpgov.law.harvard.edu/wp-content/uploads/2024/02/cropped-photography-4-e1706898544564-1-32x32.png Tariffs and Incentive Pay: Assessing the Impact on Annual and Long-Term Incentive Payouts – The Harvard Law School Forum on Corporate Governance https://corpgov.law.harvard.edu 32 32 Tariffs and Incentive Pay: Assessing the Impact on Annual and Long-Term Incentive Payouts https://corpgov.law.harvard.edu/2026/06/23/tariffs-and-incentive-pay-assessing-the-impact-on-annual-and-long-term-incentive-payouts/?utm_source=rss&utm_medium=rss&utm_campaign=tariffs-and-incentive-pay-assessing-the-impact-on-annual-and-long-term-incentive-payouts https://corpgov.law.harvard.edu/2026/06/23/tariffs-and-incentive-pay-assessing-the-impact-on-annual-and-long-term-incentive-payouts/#respond Tue, 23 Jun 2026 11:32:11 +0000 https://corpgov.law.harvard.edu/?p=181700?d=20260622165739EDT Posted by Shaun Bisman and Margaret Engel, Compensation Advisory Partners, on Tuesday, June 23, 2026
Editor's Note:

Shaun Bisman is a Partner and Margaret Engel is a Founding Partner at Compensation Advisory Partners. This post is based on a CAP memorandum by Mr. Bisman, Ms. Engel, Maimouna Gueye, and Bhavika Podduturi.

On April 2, 2025, referred to as “Liberation Day,” the Trump Administration announced a universal 10% tariff on all imported goods. In addition, the Administration imposed country-specific “reciprocal tariffs” on 57 nations, bringing total tariff rates to as high as 50% for certain trading partners. Major manufacturing hubs that account for a significant share of U.S. imports, including China, Vietnam, and India, were among the most significantly impacted, with certain categories of goods from these countries subject to materially higher effective tariff rates depending on industry and product type.

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