Our Latest Update
LogicSource 2025 Tariff Impact Analysis: June Update
As of June 2025, China tariffs have been reduced to 30% for 90 days, a UK trade agreement has lowered automobile tariffs to 10%, and a threatened 50% EU tariff has been postponed to July 9, 2025, while the baseline 10% tariff on all imports and 50% tariffs on steel and aluminum remain in effect as of June 4 2025. These comprehensive tariff measures are expected to significantly impact indirect procurement costs, with 10%+ increases anticipated for most imports and higher impacts in automotive, industrial equipment, and consumer goods sectors.
Our update covers:
- Court ruling implications and potential alternative tariff implementation strategies
- Real-world outcomes of tariff impact across industries like retail, manufacturing, and healthcare
- Procurement strategies to mitigate tariff impacts, including supplier negotiations, contract reviews, and alternative sourcing options
