The suspended tariffs will cover a range of products, including plywood, pasta, fruit juices, coconut oil, pine nuts, agave syrup and plant bulbs.

The move comes two days after the U.K. government legislated to take control of the steelmaker from its Chinese owner Jingye Group in a bid to save the Scunthorpe site.

Most big businesses operating global supply chains have learned a lot of lessons in the art of agility over the last few years.

Even balanced against elevated levels earlier this year, total 2025 cargo volume could show a net decline of 15% or more unless the situation with tariffs changes.

The global trading system is in a state of chaos. Will American manufacturing benefit from it?

Prices may rise but, in the absence of price-gouging, they will not rise as much as is currently being trumpeted.

An April 8 release from the university details concerns over the quality, transparency and resiliency of global pharmaceutical supply chains.

If anything, Trump's delay in some of his tariff plans is extending the uncertainty that has already begun to drag on business and consumer sentiment.

The new executive order dovetails with a proposal by the U.S. Trade Representative to charge million-dollar fees on Chinese-built ships upon entry to a U.S. port.

Retailers that have spent years trying to move their manufacturing out of China have suddenly been left in a world of uncertainty.