US retailers and consumer goods companies are shaking up supply chains to safeguard profit margins and limit price rises in a bid to contain the fallout from President Donald Trump’s trade wars.
Companies facing higher import charges for thousands of products from jackets to couches have provided new details of their response plans, which include switching sourcing to different countries and pushing suppliers to absorb some of the costs.
The disclosures, made by several executives to investors in recent days, show how tariffs brought in since the summer are starting to reshape global businesses — even though the US has since reached a fragile truce with Beijing, its biggest trade target.
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