The insurance brokerage Galaghar survey said Tuesday that the majority of US business owners were worried about the barriers to the supply of China by President Donald Trump’s sweeping prices.
These results came when Trump’s prices policies raise renewed commercial friction concerns, which disrupted stress operations, high costs and sourcing strategies for US businesses in the sectors.
A Reuters analysis of corporate revelations, said last week that companies have already cost more than $ 34 billion and cost more prices in the trade war. Supply chain stability is important to manage costs, meet consumer demand on time, and maintain smooth operation without unexpected delays or lack of inventory.
Chairman and CEO J. Patrick Galaghar told Reuters, “Our survey shows that barriers to supply chain were a cause for concern for business owners, with 90 % reporting they are worried about the impact of taxes on their business.”
“The chains of global supply of geographical political disputes and the extreme events of the weather are obstructed,” he said, adding that owners are taking steps to ensure that they are protected from diverse and potential effects.
The backdrop of geographical political tensions, climate obstacles, and the growing threats of cybersecurity has added to the uncertainty facing US companies.
In a survey of 1,000 US business owners, 72 % said they were very worried about cyberrtex over the next 12 months, while 69 % presented the supply chain as a high risk of obstacles and severe weather.
In the upper part, almost all US business owners said they were at least some concerned about the impact of AI on their business over the next 12 months, which is more than 85 % a year ago.
About 87 87 % claimed in 2024, among US business owners with insurance coverage, according to a Galaghar survey. For most, each of these claims, 000 was 25,000 or more, but some of these claims were included only under different policies, the Galgar survey said.
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