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LISTEN: Most Manufacturing, Supply Chain Leaders Concerned About Trump Trade Policies
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Eric Sorensen
Digital manufacturing platform Fictiv today announced the results of its "10th Annual State of Manufacturing & Supply Chain Report."
The company surveyed 254 senior manufacturing and supply chain leaders to glean insight into mounting concerns regarding evolving U.S. trade policies, preventing supply chain disruptions, and scaling innovation, AI, and sustainability.
According to the report, some 96% of respondents have concerns over the impact President Donald Trump's trade policies will have on supply chains. The chief among them is the potential toll tariffs will have on costs and profitability (57% of respondents), followed by the administration's renewed emphasis on bringing manufacturing back to the U.S. (53%).