Navigating tariffs and sanctions is fast becoming a core and growing part of the compliance role for an increasingly wide range of companies. As the U.S. and other countries expand the use of economic policies to achieve political aims, compliance teams across the world are having to understand and adapt to a new trend in geo-economics.

Ruth Prickett graduated from Cambridge University with a BA hons in History and has specialized in business and finance journalism for the past 20 years. She was editor of Financial Management, the magazine...