A survey of global trade professionals from companies with over $200 million in annual revenue highlights the significant impact of tariffs on business operations. Firms are facing ongoing challenges due to tariffs imposed by the United States and other countries, disrupting supply chains and increasing costs. The report emphasizes the need for businesses to prepare for continued trade uncertainty, make informed strategic decisions, and remain competitive in a shifting environment. A key concern is the elimination of de minimis entry provisions for China and Hong Kong, with 65% of respondents expecting a moderate to high impact on their operations and compliance requirements.

Join for free to read