Tariffs and trade treaties have been hot-button issues over the past few years, and this Spartan BizCast episode gets straight to the facts.
Co-hosts Shana Redd and Don Conlon talk with Judy Whipple, professor in the Broad College of Business Department of Supply Chain Management, to understand how tariffs and trade treaties can affect the flow of goods across the globe.
“Tariffs and trade treaties are about regulating the flow of goods and raw materials between countries,” Conlon said.
Whipple mentioned that in today’s global economy, it is very unlikely that local or “Made in America” products aren’t participating in the global supply chain in some way and thus impacted by tariffs and trade treaties.
“Supply chain is all about the movement of products, raw materials, and commerce around the world. Which, when you think about it, is the perfect arena to gauge how the rules of trade movement affect us all,” Redd said.
In addition to the Broad College research examining global supply chain issues, Broad offers supply chain resources for business and individuals, such as CIBER (Center for International Business Education and Research), the Axia Institute, the Demmer Center for Business Transformation, and the Henry Center for Executive Development.