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Some industry officials expect U.S. importers to rush in goods to get ahead of expected levies
Companies that depend on global trade, from shipping giants to retailers, are bracing for a wave of new tariffs under a second Trump administration that could reset the flow of goods around the world and speed up a shift in manufacturing away from China.
An aggressive set of levies promised by President-elect Trump “could reshape global supply chains and force companies to re-evaluate their sourcing strategies, potentially accelerating the trend of nearshoring or reshoring production,” said Bindiya Vakil, chief executive of supply-chain risk management firm Resilinc.
The impact is likely to stretch from big container lines based in Europe and Asia to manufacturers and retailers that bring parts and finished goods into the U.S., and to American exporters who may find their access to overseas markets complicated by a regime of tit-for-tat levies.
