Global Supply Chain in Chaos Over Trump’s Tariffs

US and European companies are stockpiling orders and raising prices amid uncertainty over potential tariffs imposed by US President Donald Trump. Chinese manufacturers, such as Hangzhou Skytech Outdoor Co. Ltd., are expanding into other markets to avoid disruptions.

Matthias Arnold, an eighth-generation winemaker in Germany’s Riesling region, is seeing a surge in special orders from US importers following Trump’s victory. To capitalize on these opportunities, he’s accelerating production and diversifying his business before potential tariffs could impact sales.

This trend reflects the far-reaching effects of Trump’s tariff threats, which are causing global supply chain concerns.

Source: https://www.bloomberg.com/news/features/2024-12-26/trump-tariffs-how-importers-shippers-worldwide-are-preparing