Glen Marku, a principal at Grant Thornton, shares critical insights into how tariffs impact multinational companies' intangible assets, like intellectual property. He discusses the staggering growth of these assets, which now represent 90% of the S&P 500's value. Marku explains how tariffs can indirectly raise product prices and emphasizes the importance of strategic IP management to minimize tax burdens. He also examines the risks and opportunities of relocating manufacturing in light of shifting tax regulations, urging businesses to adapt their strategies accordingly.