An increasing number of major companies are shifting manufacturing back to the U.S. and nearby Mexico in response to a volatile global supply chain landscape.

As companies face growing pressure from governments, stakeholders and consumers, ESG reporting and compliance are at the forefront of corporate responsibility.

Canada's deputy prime minister noted that while the U.S. and Canada are "perfectly aligned" on trade with China, "the same cannot be said of Mexico."

Although the EU recently imposed tariffs on EVs imported from China, Chinese automakers have continued to make inroads into the European market.

Russia terminated its export targets at the end of May 2024, opting instead to restrict production, in line with its partners in the OPEC+ oil producers’ group.

Procurement professionals must rise to the ESG challenge by leveraging supplier collaboration to ensure compliance and best practices in the extended supply chain.

Lenovo, like most electronics manufacturers, has sited most of its plants in China, creating potential vulnerability from president-elect Trump's promise to impose 60% tariffs on Chinese imports.

Former Republican congressman from Wisconsin Duffy was a co-host on Fox Business, and also a former cast member of the MTV show “The Real World.”

Tai cautioned against the use of blanket tariffs such as those proposed by Donald Trump, who has vowed to enact 60% levies on all Chinese imports. 

In June 2024, New York Governor Kathy Hochul called off an earlier version of the congestion pricing plan just two weeks before it was supposed to go into effect.