📊Executive Summary

The recent US-China trade meeting has led to a temporary reduction in tariffs from 57% to 47%, but the long-term outlook remains bleak as both nations are increasingly delinking their supply chains. This geopolitical tension is likely to continue affecting trade flows and sourcing strategies, particularly in the electronics sector. The reduction in tariffs may provide some short-term relief, but the overall environment suggests ongoing volatility and potential disruptions in sourcing from China. Procurement teams should prepare for continued geopolitical risks and consider diversifying their supply chains to mitigate impacts from future trade tensions....