The latest round of Trump-era tariffs on Chinese imports is pushing U.S. retailers into a scramble to restructure their global supply chains, aiming to shield both profits and consumers from rising costs.
At a Glance
Macy’s reduced its sourcing from China to 20% of total products, down from over 50% pre-pandemic
Gap decreased its reliance on Chinese suppliers to less than 10%, targeting under 3% by fiscal year-end
Target cut its Chinese imports from 60% to 30%, shifting production to countries like Guatemala and Honduras
Retailers are diversifying supply chains to mitigate the impact of tariffs and maintain competitive pricing
The restructuring aims to protect consumers from potential price increases due to tariff-related costs