Supply Chains Shift as Companies Adapt to Looming Trump Tariffs

Proposed tariffs from President Trump have 40% of businesses planning to increase their sourcing from the U.S. in order to manage higher import costs. 

According to a survey of more than 3,500 supply chain executives from logistics company DP World and think tank Economist Impact, companies across the globe are preparing for wide-ranging impacts from Trump’s trade policies, with 31% saying that they plan to adjust their supply chain networks and strategies in the coming year. Another 33% said that they’re looking at reducing internal costs,…