A conversation with the CEO of an importer caught in the crosshairs of global business disruption.
When the pandemic first hit last spring, auto plants shut down and carmakers curbed semiconductor orders.
Lockdowns put the brakes on production in Asia while boosting demand for use in exercise and commuting.
The pandemic has downstream effects all throughout the supply chain.
Cyberattacks, trade disputes, the coronavirus, natural disasters — it is exceedingly difficult to manage a complex web of business relationships
Cranking up the global manufacturing machine is not just about China.
Dependence on global supply chains can be useful in a crisis only if countries don't set up export barriers like some are now with medical supplies.
The Trump administration has threatened to levy a 5% tax on Mexican imports next month, which could go as high as 25%.
When it comes to tariffs, consider today T minus five. In five days, more than 5,000 types of goods from China will be added to a list of tariffs imposed by the United States. That likely means higher prices for leather handbags. Fruit juice. Rain jackets. We may be surprised by what’s on the list. […]