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The Potential Impact of Incoming Trump Administration Tariffs on Global Logistics and Supply Chains

About the Book

Published Date: December 2024

 

The Trump administration’s planned tariffs, including a 25% tariff on goods from Mexico and Canada and a 10% tariff on Chinese imports, are poised to disrupt global supply chains. Businesses must reassess their sourcing strategies, with potential shifts toward domestic production and alternative countries like Vietnam and India.

 

Inflationary pressures, regional trade disruptions, and new logistics demands are key outcomes of these policies. While North America faces immediate challenges, Southeast Asia could benefit from increased investments. The logistics industry will adapt to evolving trade dynamics, including increased warehousing needs and the rise of Foreign Trade Zones.

Global logistics impacted by Trump administration tariffs

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