Key Takeaways Trade policy uncertainty is a strategic factor for lululemon as tariffs raise supply-chain volatility.Rising tariffs may drive lululemon to rebalance suppliers, negotiate with vendors and improve efficiency.Longer term, lululemon could regionalize production closer to key markets to reduce trade friction.Global trade policy risks are emerging as a meaningful strategic variable for lululemon athletica inc. (LULU) , as the company scales its international footprint. Rising tariffs, the removal o ...