ITW · News · 20260807N

Trade Policy and Tariffs

ILLINOIS TOOL WORKS INC · 2026-08-07 · Importance 30 · Surprise 42

ITW is using a “produce where we sell” manufacturing strategy to mitigate the effects of tariffs. The approach is intended to reduce cross-border exposure by aligning production with local customer markets. The reporting does not identify a specific tariff rate, jurisdiction, or quantified financial impact. Tariff mitigation is therefore presented as a strategic operating response rather than a disclosed cost estimate.

Key facts

• ITW uses a 'produce where we sell' strategy to mitigate tariff impacts. source