Fair Supply, an Australia-based provider of risk management and compliance technology solutions, today introduced the world’s first supply chain tariff calculator to help business owners and investors understand the true economic impact of global tariffs.
The Fair Supply Tariff Calculator measures the cumulative economic fallout from tariffs across multiple tiers of international trade. The calculator estimates that the new and reciprocal proposed tariffs will cost the global economy more than $4.7 trillion in direct and indirect costs.
“Our calculator captures the true cost of the tariffs that impact businesses, not just at the border but throughout the highly connected global supply chain,” said Dr. Arne Geschke, Co-Founder and Chief Data Officer at Fair Supply. “When secondary and tertiary suppliers are hit with tariffs, the resulting cost increases ripples through international supply chains, inflating costs, distorting pricing and eroding global competitiveness.”
Fair Supply has calculated that the worst affected sectors globally are:
- Public Administration/Defense: $397 billion ($320 billion to U.S.)
- Automotive Manufacturing: $406 billion ($172 billion to U.S.). (The overall price increases for domestically manufactured motor vehicles in the U.S. are estimated to be hit with a 20% price increase.)
- Pharmaceuticals and Related Products: $244 billion ($92 billion to U.S.)
- Computer Manufacturing: $260 billion ($50 billion to U.S.)
- Construction: $220 billion ($112 billion to U.S.)
“Tariffs will be embedded in the DNA of global supply chains, and while the focus has often been on tariffs applied at point-of-entry, the real damage is further downstream,” said Dr. Geschke. “These indirect costs are frequently invisible to traditional monitoring and are often passed onto businesses with little control over their full supplier ecosystem. Our tool gives businesses the visibility they need to make strategic, informed decisions.”
A key feature of the calculator is its ability to help businesses, institutional investors, and the public sector compare the direct and indirect impacts of tariffs across different countries, allowing them to make more cost-effective sourcing decisions and begin modeling alternative sourcing supply chains. By entering the product and country of purchase, users can see where direct and hidden tariff costs add up, and explore alternative sourcing options. This makes it easier for companies to compare markets and choose the most cost-effective supplier based on current tariff conditions.
The calculator was designed for the dynamic nature of current geopolitics, which have proven to be subject to dramatic changes on a daily basis. Unlike static models, the Fair Supply Tariff Calculator is designed to incorporate the most recent tariff announcements, including reciprocal and retaliatory measures, as they are introduced.
“This real-time recalibration ensures businesses always work with up-to-date insights that reflect current global trade dynamics, enabling users to respond proactively to shifting cost pressures and avoid cost blowouts or procurement disruption,” said Dr. Geschke.
The free version of the Fair Supply Supply Chain Tariff Calculator is available to the public now. A premium version will be offered through a subscription plan, providing advanced analytics, reporting tools, integration features, and ESG overlays to support strategic decision-making at the executive level.
Fair Supply is an Australian tech startup that has built a proprietary engine that maps more than 60 billion global supply chains. The company’s new supply chain tariff calculator, the first tool in the world capable of fully capturing the impact of a trade war, is set to transform how businesses understand and respond to the economic fallout of global tariffs. Businesses can register now for immediate access or explore enterprise features via the company’s website at fairsupply.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250415647333/en/
The Fair Supply Tariff Calculator measures the cumulative economic fallout from tariffs across multiple tiers of international trade. The calculator estimates that the new and reciprocal proposed tariffs will cost the global economy more than $4.7 trillion
Contacts
Media Contact:
Kim Randle
CEO, Fair Supply
Kim@fairsupply.com.au