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
Boots-on-the-ground reports from Iowa to Ohio reveal mounting disease pressure, flood-driven replanting in Indiana and a growing need for rain.
Former US Trade Representative Bob Lighthizer says Mexico, not Canada, will be the biggest test in USMCA talks, citing trade deficits. That’s as agriculture leaders push to protect billions in North American trade.
The White House cites barriers to U.S. autos, alcohol and dairy as justification for the trade action.
Read Next
As extreme drought fuels a fire that has jumped rivers and state lines, ranch families and volunteer fire crews are directing the flames away from ranches the best they can.
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.
