Supply Chain Research

Engine maker Cummins faces rising tariff risks for its exports to China and Europe from the U.S. and most recently for its imports of components from Mexico to the U.S. IR Director James Hopkins has stated that the Trump administration’s proposed tariffs on all imports from Mexico would also cover “over ⅓ of all trucks made for North America” as well as Cummins own components. They would present “significant challenges” for the industry at large. Cummins’ exports to the U.S. from Mexico were worth $1.22 billion in the 12 months to Apr. 30 after 22.1% year over year growth in the three mo...