Our Latest Update
LogicSource 2025 Tariff Impact Analysis: April Update
As of April 2025, several major tariff implementations have taken effect, including a baseline 10% tariff on all imports, an increased 145% tariff on Chinese imports, a 25% tariff on countries buying Venezuelan oil, and a 25% tariff on imported automobiles and auto parts, while higher reciprocal tariffs (up to 50%) have been announced but paused for 90 days for all countries except China—all expected to significantly impact procurement costs and supply chains.
Our update covers:
- Impact on key indirect spend categories, including apparel/footwear, furniture fixtures & equipment (FF&E), construction materials, and more
- Analysis of how current and planned reciprocal tariffs will affect indirect sourcing costs across retail, healthcare, manufacturing, and CPG sectors
- Procurement strategies to mitigate tariff impacts, including supplier negotiations, contract reviews, and alternative sourcing options
