Firms Wary of Transfer Pricing Changes: Transfer Pricing Report

May 29, 2026, 9:04 AM UTC

Companies Wait on Transfer Pricing Changes

Many US multinationals are responding to a dilemma over their transfer pricing and President Donald Trump’s tariffs by standing pat, Michael Rapoport reports.

After Trump imposed his sweeping “Liberation Day” tariffs last year, some companies made major changes to their transfer pricing by revamping their operations to try to avoid imports from high-tariff countries or reallocating where they booked profits to account for tariff costs.

The Supreme Court overturned Trump’s tariffs in February, but he is trying to reimpose tariffs by other means, and it’s still unclear when and whether companies will get ...

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