North America

Overcoming Tariff Wars with an Optimised Supply Chain

Overcoming Tariff Wars with an Optimised Supply Chain

On 1st February 2025, the United States of America imposed a 25 percent tariff on all imports from Canada and Mexico. The same witnessed retaliatory measures from the two neighbouring countries, after which the announcement was withdrawn.

The U.S. further went on to impose 10 per cent to nearly 50 per cent tariffs on several other countries worldwide, which invited mixed reactions throughout the world (this time barring Canada and Mexico). Post these reactions, the U.S. announced a 90-day pause on tariffs for all countries except China.