Are Recent Tariff Updates Affecting your International Supply Chain?

US import tariffs imposed on steel and aluminum affect countries such as Canada, Mexico, members of the European Union, and China who are major trading partners. In response, some of these countries have imposed retaliatory tariffs on US exports.

China, one of the biggest importers of food products from the U.S., has announced potential tariffs on agricultural products.  Mexico also confirmed it’s considering tariffs on agricultural products. EU tariffs on US goods went into effect at the end of June. You can find the full list of US goods affected here. Canada is expected to follow suit in July.

This developing situation could severely disrupt international food sales and distribution plans, forcing agricultural exporters to look toward creative and flexible supply chain solutions.