The levies were imposed in 2018 under Section 301 of the 1974 Trade Act, which allows the U.S. to enact tariffs in response to unfair trade practices.

Under the agreed provisions, the EU will cut tariffs to zero on American industrial goods, and the U.S. will keep tariffs on many European goods at around 15%

The retailer has dealt with numerous food safety issues in China, with customers having reported finding live rats and maggots in Sam's Club products.

Historically, sanctions have been the purview of legal and compliance pros. More recently, they’ve become a challenge for operations, finance and management.

Sleep Number blamed its bankruptcy, in part, on “the unpredictable shifting of trade rules imposed by the current U.S. government, on top of an already vulnerable global supply chain."

For boards of directors, supply chain design, risk exposure and resilience now carry heavy strategic, financial and legal consequences.

Initiative will launch a “high-visibility dashboard” connecting major transportation hubs directly to ocean carriers, trucking companies, railroads and retailers, Sean Duffy said.

Chevron Corp. Chief Executive Officer Mike Wirth said there are indications that flows through the strait are probably not as high as the energy secretary said.

When tariffs are slapped on supply chains, who pays the tab?

Today’s sourcing conditions make the traditional directory structure irrelevant.