Finance News – Supply Chain
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Costco to source more Kirkland products in Canada to avoid tariffs
The grocery retailer is adjusting its procurement strategy by increasing local production of its private-label items to reduce expenses associated with import duties.
Read Full Article →Diamonds are forever? Not with tariffs in the way
Trade restrictions can increase costs and complicate distribution within the diamond sector, potentially impacting prices and market stability due to its intricate global supply ne...
Read Full Article →Trump tariff pause bumps up China imports, but less retail choice and higher prices are coming: CNBC...
The temporary suspension of tariffs has increased shipments from China, yet concerns remain about potential shortages and rising costs affecting consumer options in the near future...
Read Full Article →Chinese printer maker spread Bitcoin stealing malware — Report
The incident resulted in financial losses exceeding $950,000 as cybercriminals exploited compromised software to redirect cryptocurrency transactions from unsuspecting users worldw...
Read Full Article →Walmart helped keep America's prices low for decades. Now it's leading them higher
Walmart’s extensive supply chain influence and cost-saving strategies have historically contributed to lower consumer prices, but recent shifts indicate the company may now be cont...
Read Full Article →Profit slump revealed at Jim Ratcliffe-backed Petroineos ahead of major closure
Petroineos experienced a notable decline in earnings before the shutdown of its Grangemouth refinery, reflecting challenges related to market instability, disrupted supply chains,...
Read Full Article →UK urged not to exploit poor countries in rush for critical minerals
Civil society organizations highlight the potential economic impact of unethical sourcing practices in mineral procurement, urging policymakers to ensure fair and responsible suppl...
Read Full Article →Chinese companies purge supply chain of foreign parts amid US trade war
Chinese firms are increasingly sourcing components domestically to reduce dependency on foreign suppliers, aiming to mitigate the impact of tariffs and enhance economic resilience...
Read Full Article →Cargo thieves are attacking the U.S. supply chain at alarming rates
The increasing frequency of shipments being stolen in the U.S. supply network results in financial damages estimated by specialists to exceed nearly $1 billion annually.
Read Full Article →From the archive: Food fraud and counterfeit cotton: the detectives untangling the global supply cha...
Uncovering counterfeit goods in global markets is crucial for protecting economic value, as deceptive practices can lead to significant financial losses for businesses and consumer...
Read Full Article →Ford expects a €1.39bn hit from Donald Trump’s tariffs in 2025
Ford anticipates a substantial financial impact due to upcoming US trade barriers, leading the company to revise its full-year outlook amid concerns over market unpredictability an...
Read Full Article →Trump trade tariffs slump widens to 'nearly all U.S. exports,' supply chain data shows
Recent supply chain data reveals a broad decline in U.S. exports across most ports, highlighting potential financial challenges as importers approach a critical deadline to prevent...
Read Full Article →Ministers urged to seek tariff exemption for aircraft and engines
UK ministers are being encouraged to pursue a tariff exemption for civil aircraft and engine parts to mitigate potential supply chain disruptions and support timely aircraft delive...
Read Full Article →Hasbro CEO details tariff impact: 'We're making rapid changes'
Hasbro's CEO discussed the company's strategies for adapting to tariff impacts by diversifying its supply chain to maintain financial stability and competitiveness in the toy marke...
Read Full Article →Are U.S. ports ‘ghost towns’ thanks to Trump’s tariffs?
Recent analyses using satellite imagery and trade data investigate the claim that U.S. ports have become less active due to tariffs on Chinese goods imposed during Trump's administ...
Read Full Article →EU digital product passports won’t solve food fraud, but blockchain can
The implementation of self-sovereign identity technology is proposed as a more effective solution than the EU's digital product passports to combat food fraud and ensure product au...
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