QVMS - Tariff On, Tariff Off
2025-05-23 11:58:00 ET
Summary
- This 90-day pause will cause small cap manufacturers based in the US to let out a huge sigh of relief.
- There will be immediate surges in demand for all forms of transportation as the pent-up shipping demand erupts into action.
- Smart companies will be using this time to try to diversify their supply chain as much as possible, as well as renegotiating contracts with any China-based suppliers to address how tariffing will be handled moving forward.
On Monday, May 12 th , the United States and China stepped back from the tariff brinksmanship that has defined the last 6 weeks. Both countries agreed to lower their tariffs to 30% and 10% respectively for 90 days while they hopefully come to a more permanent solution. This reduction comes after escalating tariff levels had become a common chyron on news channels across the world....
Tariff On, Tariff Off