U.S. firms absorb full tariff cost as global supply chain shift accelerates
American companies now shoulder 100% of China tariff costs with no relief from exporters, according to IMF chief economist Gita Gopinath. Firms exposed to Trump-era tariffs cut workers and face margin compression in Q1 2026 earnings, creating pressure to relocate supply chains. The dynamic contrasts with Europe and Japan, where tariff exposure remains limited but supply chain diversification to Vietnam, India, and Mexico intensifies.
ViaNews Editorial Team•