How Supply Chains Should Adapt to the Trade War “Truce”
Posted: 01/16/2019 - 04:04
On December 1, leaders from China and the U.S. broke bread with their enemies and reached consensus to halt the mutual increase of further tariffs until March 1, 2019. As of now, the total U.S. tariffs applied exclusively to China is at $250 billion, and China answered back with $110 billion worth of tariffs on U.S. goods. The “truce” has prevented the January 1 deadline for most tariffs to increase from the current 10 percent to the established 25 percent.
