That’s according to Kerim Kfuri, CEO of packaging and supply chain solutions company The Atlas Network. The Trump administration’s trade war is prompting businesses to reevaluate manufacturing processes, threatening a disruption to supply chains. On July 7, Trump extended his reciprocal tariff plan to August 1. He has since announced a list of countries that will be subject to tariffs of at least 25 percent, including Japan and South Korea, and up to 50 percent for Brazil. While those countries attempt to finalize trade deals prior to the deadline, businesses have a few more weeks to assess how they may be impacted.
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