Tag: steel aluminium
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The US-Canada tariff war is escalating fast, and while the conflict is bilateral, the supply chain exposure is not. EU manufacturers with North American operations or cross-border sourcing are already feeling indirect effects – even where the EU itself is not a party to the dispute.
A TIMELINE OF ESCALATION WHY THIS MATTERS WITHOUT A NORTH AMERICAN PRESENCE Many EU manufacturers operate production or supply chains that cross the US-Canada border repeatedly, a legacy of deeply integrated USMCA supply chains in sectors such as automotive and machinery. EU parent companies with Canadian or US subsidiaries absorb tariff costs directly or indirectly,…