Global Supply Chains Amid the Trade Wars of 2019

Global Supply Chains Amid the Trade Wars of 2019

Explore the findings of QIMA’s 2019 survey of 150+ businesses worldwide to find out how global supply chains and sourcing strategies are evolving in the second year of the US-China trade war:

• Businesses inside and outside the US are battered by the tariff escalation, with extra costs cited as the greatest challenge

• The pace of sourcing diversification is picking up in Asia and beyond, with the most price-sensitive sectors moving the quickest

• The trend for near-shoring is growing ever stronger – but full-fledged reshoring, especially for US businesses, isn’t a reality yet

Download the full report for further insights on:

• The real winners of the US-China trade war

• The biggest challenges of sourcing from new regions

• Businesses’ expectations about the future of the trade war