Most companies said bringing back supply chains within the U.S. could as much as double their costs, and it would be more cost-effective to relocate them to lower-tariffed countries.
Even balanced against elevated levels earlier this year, total 2025 cargo volume could show a net decline of 15% or more unless the situation with tariffs changes.
There’s been quiet optimism among those following the talks that, despite recent U.S. silence about potential new rules, Washington won’t derail the process.
The news comes as several multinational corporations are resetting policies that turn them away from an ESG agenda, including diversity, equity and inclusion initiatives.
As governments worldwide ramp up regulatory oversight with advanced digital systems, VAT compliance has transformed from a routine obligation into a strategic priority.
The survey was enacted after the U.S. presidential election, but before President Donald Trump began enacting his promised punitive trade tariffs against America’s trading partners.
The latest supply-chain news, analysis, trends and tools for executives in the chemicals and energy industries. Learn how chemical and energy companies and their suppliers around the world are managing the flow of products across all channels of the enterprise. Experts sound off on forecasting and demand planning, supply-chain visibility, logistics outsourcing, inventory optimization, transportation management, warehouse management, supply-chain security, corporate social responsibility and more.
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