Supply Chain Dive

6 days ago | supplychaindive.com | Ricky Zipp

This audio is auto-generated. Please let us know if you have feedback. By the numbersMedtech Q1 sales: $8.02 billion2.5% increase year over yearCardiovascular: $2.1 billion16.4% increase year over yearOrthopedics: $2.24 billion4.2% decrease year over yearJohnson & Johnson CFO Joe Wolk said Tuesday that the White House’s flurry of tariff actions will result in an approximately $400 million charge this year, primarily affecting the company’s medtech business.

1 week ago | supplychaindive.com | Max Garland

This audio is auto-generated. Please let us know if you have feedback. The U.S. de minimis exemption will end for products from China and Hong Kong on May 2, with other countries slated to follow, putting many direct-to-consumer supply chains in flux. The decades-old exemption enables products of less than $800 to enter the U.S. without having to pay duties, helping companies ship parcels cross-border at a low cost.

1 week ago | supplychaindive.com | Daphne Howland

This audio is auto-generated. Please let us know if you have feedback. Levi Strauss & Co. is still evaluating the implications of tariffs, with executives comparing the challenge to the COVID-19 pandemic on an April 7 call with analysts. Company leaders emphasized a diverse supply chain as a potential tool to counteract a volatile trade environment. The company said about 1% of its sourcing is from China, about 5% is from Mexico and mid- to high-single-digits is from Vietnam.

1 week ago | supplychaindive.com | Kelly Stroh

This audio is auto-generated. Please let us know if you have feedback. Some global brands are pausing ocean shipments from China for the next couple of weeks as shippers assess how trade lanes may evolve, the Port of Los Angeles Executive Director Gene Seroka said during an April 11 press briefing. “Folks are not shipping out of China right now because they're not going to pay two and a half times for those goods that are coming in, until we get some assemblance of a plan,” Seroka said.

1 week ago | supplychaindive.com | Caitlin Mullen

This audio is auto-generated. Please let us know if you have feedback. As large companies mull their supplier bases and evaluate payment terms amid ongoing tariff volatility, it’s become an opportune moment for supply chain financing, a Wells Fargo executive said. “There’s really a sweet spot here in the banking sector” in helping those businesses create working capital when they’re facing increased costs, said Jeremy Jansen, managing director of supply chain finance at the bank.