Trump has repeatedly said tariffs will create more factory jobs, shrink the federal deficit, lower food prices and allow the government to subsidize childcare. Economists disagree.
President Claudia Sheinbaum warned that the proposed 25% import tariffs on all goods entering the U.S. would result in mutually assured economic destruction for both countries.
The brief strike by East and Gulf Coast dockworkers brought to the fore the ongoing controversy about automation at U.S. ports, and its ultimate impact on human workers.
Logistics companies will see costs rise because of the increase in minimum wage and contributions employers will need to make to the country’s National Insurance program.
Adoption of artificial intelligence and other innovative technologies is still at a rudimentary stage for most companies, said speakers at DPW Amsterdam.
DPW predicts that 2025 will see a concerted drive towards a digital revolution in procurement, signaling a shift from operational technologies to more strategic, relationship-driven solutions.