Why ‘Trump tariffs’ can become a supply chain nightmare
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U.S. President Donald Trump speaks after signing executive orders in the Oval Office of the White House on March 06, 2025 in Washington, DC.
Synopsis
Trump’s tariff offensive will throw global supply chains into a tizzy yet again. Reciprocal tariffs will further change procurement patterns and trigger more relocations after the ones that happened because of the China-plus-one strategy. MSMEs may be the worst hit.
Shortly after US President Donald Trump early last month ordered a 25% import tax on all steel and aluminium entering the US, Coca-Cola CEO James Quincey admitted during an investors’ call that the soft drink major might have to sell more products in plastic bottles in its home market. The increased tariff wouldn’t just make aluminium cans more expensive but will drive up the prices of canned foods and drinks in the US. Starting Tuesday (March
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