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President Donald Trump on Monday agreed to a 30-day pause on his tariff threats against Mexico and Canada as America’s two largest trading partners took steps to appease his concerns about border security and drug trafficking. The pauses provide a cool-down period after a tumultuous few days that put North America on the cusp of a trade war that risked crushing economic growth, causing prices to soar and ending two of the United States’ most critical partnerships. I am very pleased with this initial outcome, and the Tariffs announced on Saturday will be paused for a 30 day period to see whether or not a final Economic deal with Canada can be structured, Trump posted on social media. FAIRNESS FOR ALL! Canadian Prime Minister Justin Trudeau posted Monday afternoon on X that the pause would occur while we work together, saying that his government would name a fentanyl czar, list Mexican cartels as terrorist groups and launch a Canada-U.S. Joint Strike Force to combat organized crime, fentanyl and money laundering. The pause followed a similar move with Mexico that allows for a period of negotiations over drug smuggling and illegal immigration. The 10% tariff that Trump ordered on China is still set to go into effect as scheduled on Tuesday, though Trump planned to talk with Chinese President Xi Jinping in the next few days. While the trade war feared by investors, companies and political leaders now seems less likely to erupt, that doesn’t mean the drama over Trump’s tariff threats has ended. Canada and Mexico bought some additional time, but Trump could easily renew his tariffs and already plans to announce taxes on imports from the European Union. All of that leaves the global economy uncertain about whether a crisis has been averted or if a possible catastrophe could still be coming in the weeks ahead. Trump on Saturday had directed 25% tariffs on imports from Mexico and Canada, with another 10% tariff on Canadian oil, natural gas and electricity. The U.S. president had repeatedly previewed these moves, yet they still managed to shock many investors, lawmakers, businesses and consumers. Multiple analyses by the Tax Foundation, the Tax Policy Center and the Peterson Institute for International Economics showed that the tariffs could hurt growth, lower incomes and push up prices. But Trump repeatedly insisted despite promises to curb inflation that tariffs were necessary tools to get other nations to stop illegal immigration, prevent fentanyl smuggling and treat the United States, in his mind, with respect. Trump and Mexican President Claudia Sheinbaum announced the monthlong pause on increased tariffs against one another after what Trump described on social media as a very friendly conversation, and he said he looked forward to the upcoming talks. I look forward to participating in those negotiations, with President Sheinbaum, as we attempt to achieve a deal between our two Countries, the president said on social media. Trump said the talks would be headed by Secretary of State Marco Rubio, Treasury Secretary Scott Bessent, Secretary of Commerce nominee Howard Lutnick and high-level representatives of Mexico. Sheinbaum said she was reinforcing the border with 10,000 members of her countrys National Guard and that the U.S. government would commit to work to stop the trafficking of high-powered weapons to Mexico. In 2019, when Mexicos government also avoided tariffs from Trumps administration, the government announced it would send 15,000 soldiers to its northern border. But for much of Monday, the outlook was worrisomely different for Canada, only for an agreement to come together. A senior Canadian official said Canada was not confident it could avoid the looming tariffs as Mexico did. Thats because Canada feels as if the Trump administration has been shifting its requests of Canada more than it did for Mexico. The official spoke on condition of anonymity, having not been authorized to speak publicly. Asked Monday afternoon what Canada could offer in talks to prevent tariffs, Trump told reporters gathered in the Oval Office: I dont know.” He mused about trying to make Canada the 51st state, part of ongoing antagonism despite decades of friendship with Canada in a partnership that has ranged from World War II to the response to the 9/11 terrorist attacks. The U.S. president also indicated that more import taxes could be coming against China: If we cant make a deal with China, then the tariffs will be very, very substantial. White House press secretary Karoline Leavitt told reporters that Trump would speak with Chinese President Xi Jinping in the next couple of days and that the White House would provide a report on the discussion. Financial markets, businesses and consumers on Monday were still trying to prepare for the possibility of the new tariffs. For example, Stew Leonard Jr., president and CEO of Stew Leonards, a supermarket chain that operates stores in Connecticut, New York and New Jersey, said his buyers were considering stocking up on Mexico’s Casamigos tequila ahead of the tariffs and switching from Canadian to Norwegian salmon. Stock markets sold off slightly, suggesting some hope that the import taxes that could push up inflation and disrupt global trade and growth would be short-lived. Trump even inquired Monday how the financial markets were doing as reporters were leaving the Oval Office. The situation reflected a deep uncertainty about a Republican president who has talked with adoration about tariffs, even saying the U.S. government made a mistake in 1913 by switching to income taxes as its primary revenue source. Kevin Hassett, director of the White House National Economic Council, said Monday that it was misleading to characterize the showdown as a trade war despite the planned retaliations and risk of escalation. Read the executive order where President Trump was absolutely, 100% clear that this is not a trade war, Hassett said. This is a drug war.” But even if the orders are focused on illegal drugs, Trump’s own remarks have often been more about his perceived sense that foreign countries are ripping off the United States by running trade surpluses. On Sunday, Trump said that tariffs would be coming soon on countries in the European Union. On Monday afternoon, he suggested a willingness to keep using tariff threats because the size of the U.S. economy as the world’s largest made them effective. Tariffs are very powerful both economically and in getting everything else you want, Trump told reporters. Tariffs for us, nobody can compete with us because we’re the pot of gold. But if we dont keep winning and keep doing well, we wont be the pot of gold.” Josh Boak, Rob Gillies and Fabiola Sánchez, Associated Press Anne DInnocenzio, an Associated Press writer, contributed to this report.
Category:
E-Commerce
A strong supply chain ensures the right goods are available at the right time, in the right place, and in the right quantities. An effective supply chain strengthens everything from customer loyalty and company reputation to market resilience and consumer safety. But supply chains are notoriously vulnerable to costly disruption, tampering, and theft. In todays world of rapidly shifting consumer demands, ensuring supply chain integrity is critical to maintaining a healthy supply chain, which can mean the difference between keeping pace with and falling behind the competition. Impinj surveyed 1,000 US supply chain professionals across a variety of industries for its Supply Chain Integrity Outlook 2025 report. We defined supply chain integrity as the reliability, security, and accuracy of all elements within the supply chain, ensuring that products and services are delivered as intended. We discovered that integrity matters a great deal to supply chain leaders. But theres also a glaring supply chain data accuracy gap that could mean significant headaches for organizations in 2025. Supply chain managers facing data blind spot More than nine out of 10 supply chain managers believe they are equipped to achieve accurate, 360°, real-time inventory visibility, yet just 33% consistently do so. This data blind spot affects the ability to make the informed, data-driven decisions necessary to optimize inventory, boost efficiency, and lower costs. As a result, many companies are struggling to reach the level of insights, visibility, and accuracy required to support supply chain integrity and respond quickly to demand, leading to system-wide impacts across a range of issues, including counterfeiting, theft, sustainability, and the effective use of AI across the supply chain. Disruption from viral trends Viral trends can be a boon to retailers by driving increased sales. But they become a headache for supply chain leaders when they lack visibility into the goods in their supply chain. As a result, more than half of supply chain leaders say they face challenges in responding quickly to shifting demand. They’re also struggling to keep pace with changes in customer shopping habits and demand driven by popular online storefronts like Facebook Marketplace and Instagram Shops. Rapid peaks in customer demand, driven by viral trends, can happen without warning, potentially putting organizations without real-time inventory insights on the back foot. Effective AI strategies require accurate data AI has the potential to revolutionize supply chains. Think efficiency, real-time decision-making, and predictive analytics for inventory management. But effective AI strategies are built on accurate data. In the survey, inaccurate data is the most frequently cited obstacle to implementing AI for supply chain improvements, followed by data availability and real-time data access. These findings emphasize the need to correct supply chain inaccuracies now, giving supply chain leaders a solid foundation for adopting AI and other groundbreaking future innovations that rely on good data. Fighting faux merchandise, shrink, and theft Most respondents, particularly in retail (65%), say they are plagued with counterfeit goods in the supply chain, regardless of the size of their business. Reducing shrink and theft is also a challenge for most (60%) organizations. These remain systemic issues for supply chain leaders, particularly those in the food, grocery, and restaurant sector, where 82% report challenges reducing shrink. Improving supply chain sustainability Supply chain managers are under pressure to reduce the environmental impact of their operations. Over a quarter of respondents report difficulties in reducing the environmental impact of their organizations supply chain, while nearly half (49%) are concerned about meeting the EUs upcoming Digital Product Passport (DPP) mandate. A scattershot approach to addressing supply chain integrity Almost all supply chain professionals surveyed say they plan to invest in improving their organization’s supply chain in the next year. However, the best course of action may not be obvious, which is why many respondents are attempting a mix of strategies. Retail supply managers are adopting new technologies for the authentication of goods in transit and general goods verification, and theyre introducing more authentication checkpoints throughout the supply chain. Meanwhile, the food sector is looking to technology for shopfloor surveillance and food waste reduction. To improve sustainability, respondents across sectors cite several strategies, including measurement of their sustainability efforts and improving last-mile delivery efficiency. This scattershot approach may portend an underlying problem: putting narrowly scoped measures into practice could contribute to the general lack of real-time visibility and data accuracy. Real-time visibility can bridge the gap Supply chain integrity matters. Without it, supply chains become insecure and unreliable. Our research shows a pressing need for organizations to address data accuracy gaps for greater supply chain and business — resiliency. Visibility into everything that enters and moves through a supply chain can have enormous positive impact, delivering real-time insights that help organizations power more robust forecasting and decision-making for a nimbler response to supply chain stressors. Technologies like RAIN RFID are helping supply chain managers drive more accurate data insights to power everything from supply chain automation and AI to advanced anti-counterfeiting, loss prevention and shipment planning. As todays supply chains face increasing threats from climate change, geopolitical instability, and constantly changing consumer tastes, unaddressed supply chain data gaps are a growing liability that organizations cannot afford to ignore. Jeff Dossett is Chief Revenue Officer at Impinj
Category:
E-Commerce
Imagine this: A team meeting is scheduled for 4 p.m. in California. For software developers in Mumbai, its 5:30 a.m. the next dayprime sleeping hours or, at best, the tail end of an exhausting night shift. In Poland, where other team members are based, its already 1 a.m., and the developers are long offline. Awkward timing for a call, to say the least. How do these time zone differences impact overall efficiency? As more projects rely on globally distributed teams with members from every corner of the world, this question is becoming increasingly urgent. This is underscored by a study conducted by Harvard Business School professor Prithwiraj Choudhury. It found that even a one-hour time difference leads to an 11% drop in real-time communication, like calls or video chats, and a 19% reduction in opportunities to connect during the workday. Communication gaps like these ripple through team dynamics, causing stress, forcing employees to catch up outside work hours, and reducing overall efficiency. The cost of poor communication is significant. Grammarly reported that U.S. businesses lose over $1.2 trillion annually due to inefficiencies caused by miscommunication. This is why time zone alignment makes such a big difference. Teams operating within overlapping hours collaborate more effectively, experience less stress, and work more efficiently. This is the driving force behind nearshoringthe practice of outsourcing to nearby regions with overlapping working hours. Harmony across time zones: How nearshoring drives collaboration Nearshoring solves the headaches of time zone misalignment. By working with LATAM teams, U.S. companies can collaborate in real time and have fewer scheduling conflicts. The regions expanding tech talent, driven by investments in education and connectivity, makes it an ideal partner. Nearshoring means real-time communication, stronger relationships, and a workforce that boosts both productivity and mental health. As distributed teams strive for efficiency and balance, time zone alignment shouldnt be an afterthought. Prioritizing schedules that support seamless collaboration and reduce stress enables companies to unlock the true potential of remote work. Its about more than convenienceits about creating frameworks that build trust, clarity, and alignment across teams. How? Observing our distributed teams at work, a handful of recommendations come to mind: Implement a collaboration framework: Working remotely across close time zones requires clear guidelines for communication, support, and task ownership. A well-structured framework ensures that responsibilities are clear and minimizes interventionslike being pulled into a late-night Zoom meeting when family time beckons. This clarity and communication allows team members to focus on their work without sacrificing their personal lives. Poor collaboration doesnt just create personal frustration; it can significantly impact business. When teammates are constantly catching up, replying to endless emails, or joining irrelevant calls, stress levels quickly escalate. Stress-related conditions cost U.S. businesses over $300 billion annually due to absenteeism. With the right framework, teams stay productive and maintain mental well-being. Minimize time zone-related challenges: To secure top tech talent, weve expanded our hiring reach to ensure both expertise and seamless collaboration with U.S.-based clients. We focus on time zones that allow overlapping schedules, making nearshoring a clear advantage over traditional outsourcing. Nearshoring eliminates the complexity of scheduling across divergent time zones, enabling real-time collaboration, removing blockers, and supporting time-sensitive solutions. Our team members frequently highlight the mental health benefits of this alignment. Adequate sleep and greater control over their schedules stand out as key contributors to their well-being. Shared schedules also streamline Agile and Scrum methodologies, ensuring planning, daily standups, and retrospectives happen without conflicts. Get Culture Right: While diverse perspectives foster creative problem-solving, mismatched working styles can create friction. In our experience working with distributed teams across LATAM, weve found that clear communication, prompt resolution of blockers, and a strong sense of ownership are critical to success. These traitspaired with a hands-on approach to tackling bottlenecksbuild trust and ensure progress. Nearshoring supports these expectations by fostering a shared work culture where feedback is encouraged, mistakes are treated as learning opportunities, and collaboration thrives. This alignment ensures teams deliver both innovation and reliability. Optimize scheduling with the right tools: As recent studies show, work schedules have a direct impact on mental health. Effective scheduling is key to maintaining mental health and productivity. Tools like Jira and Asana enable asynchronous work by tracking tasks, assigning ownership, and setting clear deadlines. Platforms like Slack and Zoom keep teams connected and ensure communication is well-documented. Integrations between tools, such as Slack notifications for Google Calendar or Jira updates, centralize information and prevent missed tasks. Leveraging these solutions simplifies collaboration and supports balanced, efficient workflows. As we become more attuned to the importance of mental health, its clear that aligning time zones isnt just practicalits transformative. Collaborating with teams in aligned time zones simplifies workflows, reduces stress, and fosters a healthier, more efficient work environment. Thoughtful scheduling, cultural alignment, and nearshoring make remote collaboration effective and enjoyable simply by paying better attention to how we manage the most precious resource at our disposal: time. Nacho De Marco is the cofounder and CEO of BairesDev.
Category:
E-Commerce
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