April 23, 2025
| Today’s news and insights for supply chain leaders
In a letter to the Trump administration, industry leaders say recent actions will increase costs and eliminate jobs.
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UPDATED
The country will allow a certain amount of U.S.-assembled cars to be imported duty-free provided companies maintain domestic production and investment levels.
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Several supply chain stakeholders expressed concerns that the changes will hike shipping costs and consumer prices.
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An Altana analysis reveals hidden retail and apparel tariff exposure on Chinese imports in Tier 2 and 3 suppliers. Full details in the report.
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Some vendors say their customers are already becoming “increasingly concerned” about the tariffs, according to a report by Interact Analysis.
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CEO Robert Ford told investors the company had considered raising its earnings forecast for 2025, but decided to maintain it in light of the new tariffs.
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Cliff Engle will oversee the company’s global distribution and logistics operations as it implements tariff mitigation strategies.
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Inventory management is complex and fast-paced, which is why several companies often levy tools like artificial intelligence, automation or system overhauls to help with demand planning and forecasting.
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