Donald Trump's Tariff Wall: Implications for Global Supply Chains
Donald Trump threatens a new round of tariffs on Southeast Asian countries, creating a 'tariff wall' around a major manufacturing hub. What does this mean for global supply chains, consumers, and industries?
Donald Trump is threatening a new round of tariffs on Southeast Asian countries, creating a 'tariff wall' around a major manufacturing hub. In this episode of UK Morning Business, Alice and Lewis discuss the potential impact of these tariffs on global supply chains, consumer goods prices, and the movement of manufacturing from China to ASEAN countries. They analyze the motivations behind Trump's decision, the expected revenue from these tariffs, and insights from economists on how this could reshape trade dynamics. The conversation also explores the paradox of how these tariffs might create new opportunities in supply chain management services while potentially harming US manufacturing competitiveness. This complex situation highlights the far-reaching effects of trade policies.
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