Tariffs on Canada, Mexico would devastate US auto industry: Ford CEO; Tariffs on steel, aluminum likely mean higher costs for auto industry; GM weighs production shifts, sourcing reviews to mitigate tariffs; Metal packaging producers raise red flags over new tariffs
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NOTE FROM THE EDITOR
In less than a month, Donald Trump's second presidential term has shaken up U.S. trade policy as much as his first.
Just yesterday, he signed an executive order implementing a reciprocal tariff policy for all U.S. trading partners. The action comes mere days after he called for new duties on steel and aluminum imports.
The president also has levied increased duties for goods from China, Canada and Mexico (although the tariffs on the latter two are delayed until next month). Meanwhile, several government agencies are in the thick of a trade review Trump ordered on his first day back in office.
Keeping up with the flurry of actions is a full-time job (that’s why we’re here!), as is sorting through its impact across sectors. Here’s a look at how certain industries and companies are adjusting amid a wave of change across the trade landscape.
As economic conditions change, so do inventory management strategies. Explore how businesses are rethinking what it means to have lean inventory on the balance sheet and safety stock to meet sales in this Trendline.
Duty-free treatment for sub-$800 products will end again once systems are put in place to collect tariff revenue more effectively, per the White House.
Today’s supply chain leaders continue to grapple with challenges including price fluctuations, climate change, geopolitical tensions and beyond. Learn how to future-proof your organization in this webinar.
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