Insights and Analysis

The Future of Manufacturing: International Trade and Investment

11 November 2025

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This episode of the "Future of Manufacturing" podcast, hosted by Emerson Holmes at Hogan Lovells, explores the evolving landscape of global manufacturing with a focus on the impact of U.S. tariffs and sanctions. Joined by partners Joshua E. Kurland and Mayur Patel, both experts in international trade and investment, the discussion delves into the policy drivers behind recent U.S. tariffs, their intended goals, and the practical effects on manufacturers both within the United States and globally.

The conversation highlights how tariffs are used as tools for leverage, revenue generation, and protectionism, and examines the complexities of country-specific versus sector-specific tariffs, as well as the legal frameworks that underpin them. The podcast also addresses the strategies companies are using to navigate these trade barriers, the risks of tariff circumvention, and the robust enforcement actions being taken by U.S. authorities—including significant civil and criminal penalties for non-compliance. In addition, the hosts discuss the U.S. sanctions regime, the compliance challenges it poses for multinational supply chains, and the minimal shift in enforcement approach between recent U.S. administrations.

The episode concludes with practical advice for companies in the manufacturing and industrials sector: maintain strong compliance programs, consult legal counsel regularly, and stay vigilant as the regulatory environment continues to evolve.

Authored by Emerson Holmes, Joshua E. Kurland, and Mayur Patel.

Catch our Future of Manufacturing Podcasts on Spotify, Apple Podcasts, or wherever you get your podcasts.

Whether you're tracking the latest regulatory shifts or exploring cutting-edge manufacturing innovations, Hogan Lovells is your partner in staying ahead. For more information or to contact a team member, visit Manufacturing and Industrials - Global lawyers - Hogan Lovells