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For more than a while now, there has been a general consensus of “we will see what happens” among global supply chain, logistics and freight transportation stakeholders, when it comes to what actually happens, or what the eventual fall out will or would be as a result of the tariffs the United States planned to place on Chinese imports to the United States. Well, that time is now officially here, with the White House saying it is moving forward with a 25% tariff on $50 billion of goods imported from China, as well as focusing on: protecting domestic property and intellectual property; stopping noneconomic transfers of industrially significant technology and intellectual property to China; and enhancing access to the Chinese market.

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