“On average, auto parts cross the border six times before final assembly. In a trade war, that’s a huge vulnerability,” said Canadian Prime Minister Mark Carney.
Because bananas are a low-profit margin food and cannot be grown in the U.S., the proposed fees would quickly — and noticeably — increase grocery store prices.
Uncertainty around the amount and timing of new tariffs announced by the Trump administration places procurement and supply chain functions in a challenging position.
The Trump administration added 54 companies and organizations from China, as well as more than two dozen from Iran, Pakistan, South Africa, the United Arab Emirates and Taiwan.