In a recent interview, Bindiya Vakil, CEO of Resilinc, discussed the implications of potential tariff increases under the incoming Trump administration with Jeff Berman from Logistics Management. Vakil highlighted that tariffs could significantly raise prices on imported goods, particularly affecting industries reliant on Chinese components. She noted that nearshoring to Mexico may become increasingly attractive due to lower tariffs compared to China. Furthermore, companies must prepare by mapping their supply chains and modeling various tariff scenarios to mitigate financial impacts, emphasizing the need for proactive data monitoring amidst evolving trade dynamics.

Source: https://www.logisticsmgmt.com/article/qa_bindiya_vakil_resilinc_ceo/