Tariff Pressures Keep Supply Chains on Edge (.PDF Download)

Tariff uncertainty continues to pose new challenges for U.S. supply chains, industry sectors and individual businesses. While some of the turmoil seems to have calmed in the last month or so, there are still 30% tariffs on imports from Mexico and the European Union scheduled to take effect Aug. 1. And just last week, President Trump announced his intention to set tariffs for 150 small countries. This may effectively bump the “additional baseline tariff” rate to 15-20% (up from a current 10%).