Preparing for tariffs — SupplyChainDive.com

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The threat of new tariff hikes is real, but there is much that suppliers can do to prepare for them:

Should the tariff hikes happen, they would have wide-ranging ramifications on manufacturers, making it more expensive to produce goods that use foreign components. And if other countries hit back with retaliatory tariffs, it could also make it more expensive for manufacturers to export goods to foreign markets.

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