As global trade policies shift, small and medium-sized businesses (SMBs) are grappling with heightened supply chain uncertainty. Potential tariff changes under Donald Trump’s presidency could lead to rising costs and a greater emphasis on domestic sourcing. In this Q&A, Netstock CEO Ara Ohanian explores strategies like nearshoring, inventory optimization, and supplier diversification to help SMBs build resilience in an evolving trade environment.
Supply Chain 24/7: How do you foresee Donald Trump's potential trade policies impacting SMBs that rely heavily on international suppliers?
Ara Ohanian: Potential changes to trade policies—including tariffs and import regulations—could significantly impact SMBs with international suppliers. If tariffs increase, costs for SMBs, especially those dependent on imported goods, could rise. These additional costs might be passed on to customers, impacting competitiveness in an already price-sensitive market. On the other h…