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Practical Insights (Blog)

UK Manufacturing: Opportunities and Challenges in the Era of Tariffs, Protectionism and Brexit

The current unpredictable geopolitical environment makes corporate planning more challenging than ever before. Simon Knowles, Chief Marketing Officer at Maine Pointe, argues that, along with the problems uncertainty creates, there is a significant opportunity for executives to improve productivity and increase competitiveness.

 

Topics: Total Value Optimization global supply chain cost, cash, growth UK manufacturing

Tariffs: How Resilient Is Your Supply Chain?

With a fresh batch of US/Chinese tariffs now on line and set to ramp up in January, Maine Pointe’s Chief Marketing Officer, Simon Knowles and EVP Strategic Procurement, Rex Clothier, discuss why now is the time to stress test your supply chain

On 24 September, the latest batch of US tariffs, starting at 10% and increasing to 25% at the end of the year, was imposed on $200Bn worth of Chinese goods. These latest tariffs are in addition to penalties implemented earlier this year on $50Bn worth of Chinese goods. Taken together, it means roughly half of the products that China sells to the United States each year will be hit by tariffs.

Topics: Strategic Procurement global supply chain Tariffs