President Trump’s threat of higher tariffs on some imports from China and the likelihood he’ll use tariffs as leverage against other countries are good reasons for US consumer health and beauty product firms to establish supply chains entirely within North America, an expert recommends.
Tariff War Should Steer US Firms To Mapping Out North American Supply Chains
Supplies from Mexico and Canada could become even more important to US firms as well as more reliable than their current systems, says Rob Handfield, Bank of America distinguished professor of supply chain management at NC State.
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