Inside Sourcing Dec 2024 Hero
The industry is facing the dual threat of surging tariffs and crushing new standards for sustainability and transparency

December 2024

Our current global scenario predicts that US tariffs on China will not start until 3Q25 at the earliest (and potentially as late as 1Q26) and are phased in, per ING Bank

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THE SITUATION IN DECEMBER

US importers and suppliers have something new to worry about:  tariffs.

President-elect Donald Trump has been championing the use of tariffs to fix several key issues including a growing US trade deficit with China, an ailing domestic manufacturing sector and a surge in illegal immigrants entering the nation.

Dec2024 Insidesourcing

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