Jonathan Todd Quoted in Press Xpress Article on New Tariff Surge

Jonathan Todd, vice chair in Benesch’s Transportation & Logistics Practice Group, provides insights in a recent Press Xpress article discussing how businesses are responding to Trump’s proposed tariff increases. Todd highlighted how companies are stockpiling inventory to mitigate short-term costs and exploring long-term supply chain shifts to adapt to new trade policies. He also noted the challenges of relocating sourcing operations and the potential for cost-sharing agreements with suppliers.

Trump has argued that higher tariffs will encourage domestic manufacturing, but experts remain skeptical. “Domestic capacity isn’t what it used to be,” Todd noted, emphasizing that many components still rely on imported materials subject to tariffs.

Read more about his insights on tariff strategies here.