– US tariff policies continue to set the agenda for supply chain decision-makers in the run-up to the Aug. 1 implementation of a wide range of duties. A framework trade deal with Indonesia sets the second-lowest rate in Association of Southeast Asian Nations (ASEAN) markets and is the first to include purchase commitments that are likely to be met through increased crude oil and wheat shipments. The Mexican government has stepped up anti-cartel actions in response to an announced elevated tariff, while the Brazilian government is pursuing retaliatory measures.
– While the Internati...