2019 Outlook – Industries: Survey Shows Trade Tensions Weigh on Sourcing Strategies — Panjiva
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Supply Chain Research

2019 Outlook – Industries: Survey Shows Trade Tensions Weigh on Sourcing Strategies

China 2973 Outlook 95 Quote Watch 452 Tariffs 1795 U.S. 5319

A resolution, or otherwise, of the U.S.-China trade war will be one of the defining issues for global supply chains in 2019. Panjiva surveyed over 270 corporations in the past three weeks to determine businesses’ views and plans regarding the imposition of bilateral tariffs. Only 8% of respondents had not already been affected by tariffs since last July, with 43% postponing investment or other decisions as a result. Fully 71% of respondents plan to formulate new strategies as a response, while the level of tariffs will make a meaningful difference to companies’ willingness to act. Two-t...

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