The U.S. and China have agreed to resume negotiations following a call between Presidents Trump and Xi—offering a glimmer of stability amid widespread uncertainty. But on the ground, businesses aren’t waiting: new data shows most companies are already raising prices due to tariffs, while fashion and retail brands scramble to prepare for a volatile holiday […]
Nearshore News: Steel and Aluminum Tariffs Double, China’s Manufacturing Slows, and the Push for Smarter Manufacturing
As of today, U.S. tariffs on steel and aluminum have officially doubled, intensifying pressure on global supply chains and prompting fresh backlash from trade partners. In China, manufacturing is already showing signs of strain, with factory activity contracting for the first time in months. But while tariffs and volatility dominate headlines, manufacturers are looking inward, […]