Trade wars have reached new heights with Trump administration tariffs on Chinese goods soaring as high as 245%, causing unprecedented disruption to global supply chains and shipping routes.

• US tariffs on Chinese goods have escalated rapidly, from 10% on April 2nd to cumulative rates reaching 245% by mid-April
• China has responded with retaliatory tariffs up to 125%, effectively excluding American goods from their market
• Global shipping patterns are changing dramatically, with vessels rerouting from US ports to European hubs
• The UK government has seized control of British Steel operations to save the last two functioning blast furnaces in the country
• Companies like Unilever are focusing on digital transformation across their manufacturing network, achieving 8% cost reduction
• Schneider Electric has invested $700 million in North American operations amid growing regional demand
• The Trump administration has closed the de minimis loophole that allowed Chinese companies to avoid customs duties on packages below $800

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About Tony Hines and the Chain Reaction Podcast – All About Supply Chain Advantage
I have been researching and writing about supply chains for over 25 years. I wrote my first book on supply chain strategies in the early 2000s. The latest edition is published in 2024 available from Routledge, Amazon and all good book stores. Each week we have special episodes on particular topics relating to supply chains. We have a weekly news round up every Saturday at 12 noon...