Over the course of his campaign, Trump vowed to implement tariffs on Chinese imports between 60% and 100%, in addition to 10-20% tariffs on all other imports.
To improve resilience and business continuity in the face of pandemics, wars, natural disasters and other supply chain vulnerabilities, businesses are adopting comprehensive supplier risk-management initiatives.
The levies range between 8% and 35% depending on the manufacturer — on top of an existing 10% tariff — and are set to remain in place for the next five years.
John Gardner owns a small business that sells to the U.S. military. He’s also a vocal proponent of reinvigorating America's entire domestic manufacturing base.