Impact of US Commodity Tariffs and Potential Outlook

This report examines the latest U.S. tariff increases on Chinese imports, with a focus on key sectors such as semiconductors, electric vehicle (EV) battery materials, and medical equipment. These tariffs, affecting over $18 billion worth of goods, are part of the U.S. government’s strategy to counter China’s trade practices and bolster domestic production. The report also highlights China’s dominance in the global supply chain and discusses how affected industries can reassess their sourcing strategies and strengthen their supply chains to increase resilience and better navigate the evolving trade landscape.