Despite the geopolitical turmoil around the world, experts in international trade say Utah companies should take precautions but not shy away from doing business abroad.
While there is friction, there are also opportunities.
“Lean all the way in. Do not put your head in a cave, go in a foxhole and cower,” said Miles Hansen, president of The Stirling Foundation, a Utah-based humanitarian organization with projects in more than 35 countries. Because of the momentum Utah businesses had going into the pandemic, they were far more aggressive sooner than companies in other places, and they benefited significantly, he said.