“A Survey of How Public Companies Are Providing Guidance in Light of Tariffs,” Harvard Law School Forum on Corporate Governance

In an article published on the Harvard Law School Forum on Corporate Governance, Partner Alex May examines how public companies are responding to tariff uncertainty using a data-driven approach. The article contains a survey of earnings releases for 100 S&P 500 companies to see how large public companies provided guidance in light of tariffs and identify any emerging patterns.

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The survey summary identifies five disclosure approaches and quantifies the number of companies taking each approach.

“Out of the 30 companies disclosing mitigating actions, 12 companies specifically noted that pricing actions may help mitigate the impact of tariffs,” Alex writes. “We have observed some political pushback on companies discussing pricing decisions, but it was a more widespread practice than previously imagined.”

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© 2026 Jenner & Block LLP. Attorney Advertising. Jenner & Block LLP is an Illinois Limited Liability Partnership including professional corporations. This publication, presentation, or event is not intended to provide legal advice but to provide information on legal matters and/or firm news of interest to our clients and colleagues. Readers or attendees should seek specific legal advice before taking any action with respect to matters mentioned in this publication or at this event. The attorney responsible for this communication is Brent E. Kidwell, Jenner & Block LLP, 353 N. Clark Street, Chicago, IL 60654-3456. Prior results do not guarantee a similar outcome. Jenner & Block London LLP, an affiliate of Jenner & Block LLP, is a limited liability partnership established under the laws of the State of Delaware, USA and is authorised and regulated by the Solicitors Regulation Authority with SRA number 615729. Information regarding the data we collect and the rights you have over your data can be found in our Privacy Notice. For further inquiries, please contact dataprotection@jenner.com.

“A Survey of How Public Companies Are Providing Guidance in Light of Tariffs,” Harvard Law School Forum on Corporate Governance

In an article published on the Harvard Law School Forum on Corporate Governance, Partner Alex May examines how public companies are responding to tariff uncertainty using a data-driven approach. The article contains a survey of earnings releases for 100 S&P 500 companies to see how large public companies provided guidance in light of tariffs and identify any emerging patterns.

Read More

The survey summary identifies five disclosure approaches and quantifies the number of companies taking each approach.

“Out of the 30 companies disclosing mitigating actions, 12 companies specifically noted that pricing actions may help mitigate the impact of tariffs,” Alex writes. “We have observed some political pushback on companies discussing pricing decisions, but it was a more widespread practice than previously imagined.”

Related Capabilities

Related Locations

© 2026 Jenner & Block LLP. Attorney Advertising. Jenner & Block LLP is an Illinois Limited Liability Partnership including professional corporations. This publication, presentation, or event is not intended to provide legal advice but to provide information on legal matters and/or firm news of interest to our clients and colleagues. Readers or attendees should seek specific legal advice before taking any action with respect to matters mentioned in this publication or at this event. The attorney responsible for this communication is Brent E. Kidwell, Jenner & Block LLP, 353 N. Clark Street, Chicago, IL 60654-3456. Prior results do not guarantee a similar outcome. Jenner & Block London LLP, an affiliate of Jenner & Block LLP, is a limited liability partnership established under the laws of the State of Delaware, USA and is authorised and regulated by the Solicitors Regulation Authority with SRA number 615729. Information regarding the data we collect and the rights you have over your data can be found in our Privacy Notice. For further inquiries, please contact dataprotection@jenner.com.

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