Archive for tariffs

The Top Supply Chain Stories of 2018

The top supply chain stories of 2018 included trade wars, increasing logistics labor costs, natural disasters impacting regional and global supply chains, and omni-channel innovation.

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How Importers Can Prepare for Uncertainty in Global Trade

Tariffs and duties and data – oh my. The need for digitization grows as importers struggle to mitigate the impact of shifting trade policy, demand fluctuations, compliance risks, and duty exposure. In an uncertain international trade environment, “trade war” has become a buzzword sending importers into a frenzy on how to prepare their supply chains for the unknown and mitigate risk to their forecast. Proposed tariffs, retaliatory trade restrictions, or even temporary reductions on tariffs […]

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Let’s Talk Import Tariffs, Expectations, and Empirical Evidence

Import tariffs and potential trade wars have been a hot topic in the media since Trump was elected President. My colleagues and I have written about the topic a number of times on Logistics Viewpoints, as well. However, much of the news propagates recent announcements and often includes an opinion on the subject matter. I thought it would be helpful to take an empirical look at import data surrounding tariff announcements and implementations to determine […]

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Reshoring Isn’t Happening

A.T. Kearney publishes an annual study on reshoring. Their July 2018 release – their fourth annual “Reshoring Index” – shows record imports from traditional offshoring countries in 2017. “Imports of manufactured goods into the United States from the 14 largest low-cost-country trading partners in Asia rose by a staggering $55 billion, or 8 percent—the largest one-year increase since the economic recovery of 2011. Tariffs and political pressure is unlikely to change things very much in the near term because changing global supply chains is not quick or easy.

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Trade Tariffs and Trump (Again)

Last week President Trump announced that the US will impose tariffs of 25 percent on imported steel and 10 percent on imported aluminum. Last year I disclosed in a Logistics Viewpoints article that I see the Trump administration’s trade proposals as posturing and rhetoric to set up future negotiations to leverage the US’s economic clout in an effort to extract trade benefits on the margin. I did not see a trade war resulting at that […]

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