The tariffs imposed by the U.S. have impacted the global supply chain, leading to a gap in supply and demand. In addition, China faces up to 245% tariffs on products subject to Section 301, while the rest of the countries face only a 10% baseline tariff for 90 days.| blog.bccresearch.com
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This shift is forcing companies to reconsider their global strategies, especially around production and sourcing. It also introduces new layers of complexity in an already dynamic industry.| blog.bccresearch.com