Biz Talk Today TV

← Biz Talk Today TVvorgestern · 20 Min.

Tariff CHAOS: Can AI Save American Business? | Steve Hochman

Tariff CHAOS: Can AI Save American Business? | Steve Hochmanvorgestern20 Min.

Tariffs can change overnight. Supply chains are under pressure. Corporate profits are at risk. But what if artificial intelligence could help American businesses stay one step ahead?On this episode of The Money Path, host Todd M. Schoenberger, President and CEO of CrossCheck Media Inc., welcomes Steve Hochman, Americas Partner and Managing Director at Nagarro, for a timely conversation about the tariff uncertainty confronting Corporate America—and the emerging technologies helping executives protect profitability.Hochman explains why unpredictable trade policy can be even more damaging than the tariffs themselves, how companies are rethinking global supply chains, and why AI, predictive analytics and digital twins are becoming increasingly important tools in the corporate boardroom.INSIDE THIS EPISODETARIFF CHAOS: THE HIDDEN COST TO AMERICAN BUSINESSTariffs are expensive, but Hochman warns that uncertainty can create an even bigger problem. When trade policies change unexpectedly, companies may delay investments, conserve cash and pull back on innovation.THE THREE CHOICES FACING CORPORATE AMERICARaise prices, absorb lower profit margins or relocate production? Hochman explains why leading companies are combining multiple strategies rather than relying on a single response to tariff pressures.CAN ARTIFICIAL INTELLIGENCE SAVE PROFITS?AI is already changing supply-chain management. Hochman discusses how predictive analytics, simulation and digital twins can help companies anticipate disruptions, improve forecasts and make better sourcing decisions.THE U.S.–CANADA TRADE FIGHTNew tariff pressures are creating difficult decisions for manufacturers, particularly in the automotive industry. Hochman examines how businesses are weighing Canadian suppliers, Mexican production and higher-cost U.S. manufacturing.WHY SMALL BUSINESSES FACE THE BIGGEST RISKSLarge corporations may have the financial resources to absorb temporary shocks. Smaller and midsized businesses often don't. Hochman explains why tariff volatility can become an existential challenge for companies with limited cash reserves.THE FUTURE OF AMERICAN MANUFACTURINGShould CEOs bring production back to the United States, diversify overseas suppliers or maintain their existing global operations? Hochman explains why flexibility, rather than committing to one location, may be the most valuable long-term strategy.THE AI ADVANTAGE: THINK FASTER THAN YOUR COMPETITORSCompanies don't need perfect forecasts to win. H