Manufacturing

Tariffs, taxes on internationally traded goods, are intended to protect U.S. producers but they can create a cascade of challenges for manufacturers. Rising raw-material costs and supply-chain strain directly affect a manufacturer’s bottom line and its insurance program. Below we outline how shifting global trade policies and new or expanded tariffs may influence manufacturing operations and insurance needs, and steps companies can take to stay protected. How Tariffs Influence Manufacturing and Insurance Escalating Input Costs…