Businesses have begun stockpiling materials, reviewing manufacturing footprints and preparing to raise prices as Donald Trump’s trade war has entered “uncharted territory” with sweeping tariffs on Canada, Mexico and China.
Sectors including manufacturing, retail and food were among those to highlight shocks to their supply chains after the US president imposed 25 per cent duties on imports from its two North American neighbours and raised new tariffs on China to 20 per cent. Canada and…
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