Hardware retailer True Value has announced it will restructure its supply chain into a hub and spoke model to better compete against Home Depot and Ace Hardware among others. Home improvement stores’ products have been at the heart of the U.S.-China trade war. True Value has significantly reduced its seaborne imports with shipments from China down 36.1% year over year in 2Q. Yet, tariffs are not the only driver with imports from Taiwan down 71.4%. True Value has cut its imports across the board, possibly in part due to earlier stockpiling ahead of tariff increases and to reinforce invent...