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.
The investigation will focus on the systems Temu has in place to limit the sale of non-compliant products, and risks linked to the addictive design of the service.
Logistics companies will see costs rise because of the increase in minimum wage and contributions employers will need to make to the country’s National Insurance program.