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Why a new round of U.S. tariff policy doesn't ease itself and the world

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U.S. President Donald Trump has announced steep tariffs on a growing number of countries effective August 1, thrusting the U.S. reciprocal tariff policy back into focus with significant implications for domestic industries. From the challenges of relocating manufacturing supply chains to the potential setbacks in the renewable energy sector, these tariffs are creating further uncertainty. In this interview, Tyson Jominy, vice president of data and analytics at J.D. Power, sheds light on the real challenges facing U.S. industries amid these policy shifts and highlights the urgent need among practitioners for a stable trade environment.

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