"President Trump is using tariffs in a very non-traditional way. Originally tariffs were designed to protect domestic industry from cheap foreign goods and foreign government subsidies by making imported goods more expensive. In the era of globalization, the use of tariffs is far more complicated, often driving more manufacturers offshore, developing suppliers in different countries, and implementing other company tactics to avoid paying tariffs," says the Executive Director of the Reshoring Institute.
The current US administration is using tariffs as a geopolitical weapon to achieve what he deems important – as a way of punishing China and leveraging power to stop fentanyl and immigration from Mexico and Canada. But the "on-again-off-again-on-again" Trump tariffs are causing chaos in the whole logistics channels and particularly for manufacturers that are unable to plan effectively. This is causing major disruptions in global supply chains, introducing risk at every supply chain link, and increasing costs.
Listen to what other companies are doing to mitigate the risk and calm the chaos through these turbulent times.
Register here to attend this free webinar hosted by ALTI Association.
The Reshoring Institute Consulting Services provides expert guidance on your global manufacturing strategy. The Reshoring Institute assists companies planning to reshore manufacturing operations, from site selection to implementation. For those interested in multiple global manufacturing sites, it can also assist with strategy, total cost of ownership modeling, and market assessment.https://reshoringinstitute.org
Audio and Loudspeaker Technologies International (ALTI) Association's mission is to be the hub of the global loudspeaker and related technologies industry by providing representation, creating networking opportunities, promoting new technologies, and bringing the industry together with a common goal of contributing to continuous growth and upholding our industry at the center of the audio world.ALTI is an essential association for the entire loudspeaker industry. Not an audio engineering or an audio experts' organization, but truly an organization that encompasses all those working in the sector, promoting inclusivity and professional development. One of ALTI's key pillars is the support and promotion of business opportunities and trade shows.
https://altiassoc.org
Using Tariffs As A Geopolitical Weapon – The Uncertainty and Risk to Global Supply Chains Webinar
Thursday, March 27, 2025 at Noon Pacific Time
Hosted by ALTI Association and the Reshoring Institute
Register here
