In this Special Edition episode, we dive deep into the intricacies of international trade and the dynamic changes affecting global supply chains under former President Trump's administration with supply chain expert Jim Tompkins. We discuss the significant 25% tariffs imposed on Mexico and Canada, and the economic and political ripple effects. We delve into recent moves by major companies like Honda and Taiwan Semiconductor Manufacturing Company, highlighting the shift in manufacturing to the United States and the implications for national security and domestic industry revitalization. Jim offers insights into complex trade relationships with Canada, Mexico, and China, explaining the motivations behind Trump’s tariff strategies and the potential for economic disruption. We also touch on the broader geopolitical landscape, including the tension between the U.S. and Ukraine and its impact. Stay tuned as we unpack these events and explore the strategic maneuvers in international trade and their implications for businesses across the globe. Whether you're deeply entrenched in supply chain logistics or simply curious about global economic strategies, this episode offers valuable perspectives on navigating today's intricate trade environment.Connect with Jim on LinkedIn: https://www.linkedin.com/in/jimtompkins1/#Trump #Tariffs #SupplyChain #Mexico #Canada #China #DeMinimisRule #ECommerce #Automakers #Ford #GM #Stellantis #Semiconductor #HondaCivic #TradeDeficit #GDP #ReciprocalTariffs #DomesticProduction #EliLilly #TaiwanSemiconductorManufacturing #UnitedStatesManufacturing #NorthAmericanIndustry #Shipping #Procurement #InternationalLogistics #Negotiations #NationalSecurity #MaritimeIndustry #BlackRock #PanamaCanal #Shipbuilding
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