U.S. manufacturers are scrambling to secure critical parts and raw materials as new tariffs loom under Donald Trump’s presidency. A survey by GEP and S&P Market Intelligence shows demand for North American factory inputs surged to its highest level since mid-2023 following Trump’s November victory. Supply chain experts highlight industrial and consumer packaged goods producers as key players in the stockpiling race, aiming to maintain competitive pricing. Trump has vowed to introduce tariffs soon after his Jan. 20 inauguration, with potential rates of 25% on imports from Mexico and Canada and up to 60% on goods from China, causing significant concern among manufacturers.
U.S. Manufacturers Stockpile Ahead of U.S. Tariff Threats
U.S. manufacturers are scrambling to secure critical parts and raw materials as new tariffs loom under Donald Trump’s presidency.
(Farm Journal)
Related Stories
The move will start a six-year review period as the U.S. pushes for stricter automotive content rules in negotiations with Mexico.
The Executive Order signed by President Trump Monday comes after years of farmer lobbying against phosphate duties, with Texas A&M estimating $6.9B in added costs since 2021 tied to sharply higher DAP fertilizer prices.
New York launches $30 million relief program offering farmers up to $25,000 as tariff costs mount to $20,000 annually per operation.
Read Next
The farm economy is at a crossroads. High costs and negative margins are driving record government payments, but economists say innovation, lower costs and new demand are key to restoring profitability.
Commodity Market Futures
Futures prices on grains, livestock, oil and more
Farm Journal TV
Trusted ag insights and real stories from rural America. Start your free trial today.
Pro Farmer
Join Pro Farmer today to access trusted market intelligence and expert analysis that help you make more confident decisions.
