article thumbnail

Guest Post from Tim Barnes: Navigating Trump’s 35% import tax, and how US companies can utilize “Parallel Manufacturing” to grow globally

NC State SCRC

But for this exercise, let’s assume it proceeds at 35% (the lower of the two rates). The foundation for this assumption is based on commentary from Trump advisors, and the fact that most raw materials used in US manufacturing now, are sourced internationally, and assembled in the US.