All the Hoopla Around Tariffs & What It Means for the Supply Chain
Tariffs, tariffs, and more tariffs dominate the conversation.
Tariffs, tariffs, and more tariffs dominate the conversation.
Manufacturers are waking up to the risks in their end-to-end supply chains. They are realizing that they are only as strong as their weakest link, especially if they do not have backup sources of supply that will jump in at a moment's notice. As an international law expert says, if you are counting on China for manufacturing, you must "get out".
Risks abound in the global supply chain and goods movement systems. The only successful strategy to thrive is to create a resilient supply chain. According to the Global Port Tracker (GPT) report from Hackett Associates and the National Retail Federation (NRF), the specter of labor strife and new tariffs, along with strong sales, is driving U.S. retailers to keep imports surging through the spring.
Manufacturing in the U.S. is gaining momentum, and businesses that aren’t prepared will struggle to keep up. According to Lisa Anderson, MBA, CSCP, CLTD, President of LMA Consulting Group, Inc., the resurgence will be fast and powerful, with companies that are ready to scale reaping the greatest benefits.
"Trump is utilizing tariffs as a negotiating tool in support of his agenda. Although most of what is communicated as potential tariffs is unlikely to go into effect for extended periods of time, tariffs will be rolled out in the next few months." Lisa Anderson is quoted in this article from PYMNTS.
With new tariffs set to take effect, businesses are re-evaluating supply chain strategies to mitigate costs and risks. From reshoring to supplier diversification, companies are adapting to shifting trade policies while balancing efficiency and profitability. As tariffs reshape global sourcing, proactive executives are seizing opportunities to strengthen resilience and streamline operations.
In the latest evidence of the heightened concerns related to geopolitical risk, Biden has cracked down on most Chinese cars and trucks with a rule that software and hardware cannot come from China. There is concern about having millions of cars on the road with a potential threat to national security.
The Panama Canal and Greenland are making headlines for a reason. In this Supply Chain Byte, Lisa Anderson breaks down their strategic importance—from moving goods into the U.S. to securing rare earth minerals—and what it means for global supply chains.
Consumer spending is on the rise, and it’s affecting supply chains. In this Supply Chain Byte, Lisa Anderson highlights the key factors—like logistics—you need to consider to stay prepared and keep your supply chain agile.
The peak season started two months earlier than normal and extended two months later than normal to account for the volatility and expected disruptions in the global supply chain.