Trump's tariffs trigger rising rate of job layoffs inside supply chain: ASCM/CNBC survey

A rising number of supply chain managers say that President Donald Trump's tariffs and associated costs are leading to layoffs and a lower confidence about investments needed to grow their businesses.Double the percentage of supply chain managers (32%) are reporting layoffs as compared to April (16%), according to a new survey conducted by the Association for Supply Chain Management and CNBC."Tariffs just don't hit the balance sheet. They hit the people," said Abe Eshkenazi, CEO of ASCM. "We're seeing layof ...