On today’s Big Take podcast, @JoeDeaux takes us inside Greenland’s rare-earths prospects. What its resources could mean for global supply chains and how the US is planning to expand its influence.🎙️ Listen now: https://t.co/CDKZEjxWqv https://t.co/7VcLOAk2AH ...

On today’s Big Take podcast, @JoeDeaux takes us inside Greenland’s rare-earths prospects. What its resources could mean for global supply chains and how the US is planning to expand its influence. https://t.co/m2IINTpTMI ...

Tariff Impact on D'Addario - D'Addario estimates incremental tariffs will reach $22 million by year-end, tripling the $700 thousand paid last year [1] - Retaliatory tariffs imposed by China threaten D'Addario's Chinese business, which generates $5 million to $10 million annually [15] Company Operations and Strategy - D'Addario is a global company with approximately 1100 employees, about 800 based in Farmingdale, New York, and roughly $240 million in annual revenue [4] - The company distributes its products in over 130 countries, with its own distribution companies controlling about 50% of its international business [7] - D'Addario has been onshoring production, including starting its own injection molding factory in New York before the pandemic, to mitigate tariffs and supply chain disruptions [8] - D'Addario believes it can cut its tariff bill in half by onshoring additional products and parts [10] - Approximately 50% of D'Addario's product is sold in the U S, and 50% is sold internationally [7] - About 5% of D'Addario's business represents finished goods sourced from overseas, predominantly from China [5] - D'Addario sources raw materials from its own plantations in the South of France and Argentina for its reed business [5] Industry Perspective - Allianz Trade surveyed 4500 companies across China, the EU, the UK, and the U S, finding that U S firms are absorbing tariff costs into their margins [18][19] - Allianz Trade anticipates that U S retailers and wholesalers will start passing on tariff costs to consumers as inventories run low [19]

As the boundaries between legal and illegal supply chains blur, its role in the global tech economy—as a partner, a geopolitical buffer and a back door—will only grow https://t.co/1rzbTXtZ9M ...

Impact of Tariffs on Manufacturing - Tariffs are projected to decrease American manufacturing, contrary to potential expectations [1] - Globally interconnected supply chains mean tariffs on imported components increase production costs for US manufacturers, making exports less competitive [2] - Producing goods in locations without tariffs, such as Mexico, can result in lower costs, encompassing both labor and tariff expenses [2] Challenges for Exporters - Tariffs negatively impact exporters by adding complexity and increasing costs [3] - The US labor cost is generally not competitive for a wide range of products [3] Uncertainty and Market Paralysis - Lack of clarity regarding tariff implementation paralyzes decisions to move manufacturing back to the US [3]

Automakers in the US will be hoping that Trump's deal with the EU signals their supply chains in Canada and Mexico are about to get a break, @liamdenning says (via @opinion) https://t.co/wPmSBhoYH1 ...

🎙️China’s economy held steady despite Trump’s tariffs. But manufacturers are still racing to adapt as the trade war threatens global supply chains.What’s next? Join our reporters for a Live Q&A on July 17 at 9:30 p.m. EDT / July 18 at 9:30 a.m. HKT https://t.co/QyaitSMSXB https://t.co/Dsltny8Dtt ...

Trade Balance - India experienced a narrower trade deficit in June [1] Global Supply Chains - Global supply chains are under stress due to Washington's tariff policies [1]

Trade and Economic Strategy - Canada prioritizes multilateralism in trade and economic matters within the Indo-Pacific region, aiming to build resilient supply chains and diversify trade relationships [2] - Canada is actively negotiating a free trade agreement with ASEAN to benefit businesses and stakeholders in both regions [2] - Despite existing robust trade agreements, Canada emphasizes the importance of the Canada-ASEAN free trade agreement due to stress in the global economic environment [4] - Canada aims to finalize the ASEAN free trade agreement as soon as possible, focusing on resilient supply chains for the benefit of business and other stakeholders [5] - Canada is committed to opening doors to trade, free trade, and multilateralism amidst global geostrategic stress [8] - Diversification is considered the most important economic tool for Canada as a trading nation committed to multilateralism [15] Energy and Resources - Canada positions itself as a powerhouse in energy and critical minerals, with LNG shipments leaving Canadian shores [6] - Canada views energy and natural resources as its superpower, leveraging its competitive advantage [14] Trade Relations and Tariffs - Canada acknowledges the impact of tariffs, particularly from the US, on sectors like autos, steel, and aluminum [7][8] - Canada is engaged in complex negotiations with the United States to address tariffs and reach an agreement [8] - Canada has counter tariffs in place and is working to secure the best deal for Canadian industry and workers [12] - Approximately 300 billion USD of trade passes through the US-Canada border daily, emphasizing the need for an agreement that addresses the needs of Canadian workers, businesses, and the population [10]

Trade Relations - Singapore's trade talks with the US will focus on pharmaceutical supply chains [1] - The talks occur as Singapore navigates President Trump's global trade war [1]