Recent developments in U.S. trade policy have once again put a spotlight on the vulnerability of supply chains that rely heavily on imported materials—particularly from China. With proposed tariff hikes targeting a wide range of goods, including industrial textiles and raw materials, manufacturers are facing increased pressure to find reliable, cost-effective alternatives closer to home.
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On April 2, 2025, President Donald Trump announced the implementation of a series of reciprocal tariffs aimed at addressing perceived trade imbalances and promoting domestic manufacturing. This initiative, referred to as the "Declaration of Economic Independence," introduces a baseline 10% tariff on all imports, with higher rates for specific countries based on their trade practices and deficits with the United States.
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