Introduction
From US–China tariffs to new regional agreements, trade policies in 2022 forced companies to rethink their sourcing and logistics networks.
Tariff Landscape
Tariffs on Chinese goods remained, prompting companies to shift sourcing to other regions like Southeast Asia and Mexico.
Regional Trade Agreements
USMCA and RCEP opened opportunities for tariff reduction and smoother trade flows.
Adaptive Sourcing Strategies
Firms used bonded warehouses, free trade zones, and flexible supplier networks to minimize cost impact.
Key Takeaways
- Tariffs remained a major factor in global sourcing in 2022.
- New trade agreements created new sourcing opportunities.
- Agility in sourcing helped companies manage tariff risks.
Call to Action
Facing trade policy challenges? GP Consulting helps you adapt your global sourcing strategy with agility.