The Impact of Trade Tariffs on Global Supply Chains
Keywords:
Trade Tariffs, Global Supply Chains, Economic Efficiency, International Trade, ProtectionismAbstract
This paper examines the multifaceted effects of trade tariffs on global supply chains, focusing on economic efficiency, cost dynamics, and international trade relations. By analyzing recent tariff implementations across major economies, the study highlights how tariffs can disrupt production networks, influence pricing strategies, and alter competitive landscapes. It also explores potential mitigation strategies employed by multinational corporations to navigate these challenges. The findings provide valuable insights for policymakers and business leaders striving to balance protectionist policies with global trade facilitation.
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