Half of US Firms Have Changed Suppliers, Explored New Markets Due to Tariff Pressures

President Donald Trump’s worldwide trade agenda has already reshaped the way companies source goods and structure contracts, with almost half of American companies saying they have changed suppliers in the wake of shifting tariff policies as a means of reducing costs or mitigating risks. That’s according to contract lifecycle management (CLM) firm Agiloft’s recent survey of 600 legal, procurement, information technology and finance professionals across the United States and the United Kingdom about the ne ...