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How the tariffs will impact supply chain execution

from American Journal of Transportation

Earlier this month, President Donald Trump signed two proclamations to impose a 25 percent tariff on five classifications of steel and a 10 percent tariff on six types of aluminum products against all countries but Canada and Mexico, effective March 23. This caused an uproar among global manufacturers, U.S. trading partners and government officials who feel the tariffs will cost U.S. jobs, raise consumer prices and hit American manufacturers. In response other countries have threatened retaliation, such as the EU warning it would impose a 25 percent tariff on the American goods it imports. China has vowed a trade war. more

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