NORTH AMERICAN MANUFACTURERS REPORT SHARP PULLBACK DUE TO TARIFFS, WHILE ASIAN SUPPLIERS RUN AT FULL TILT: GEP GLOBAL SUPPLY CHAIN VOLATILITY INDEX

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In March, global supply chains spare capacity increased to highest level since May 2020, the height of the COVID-19 pandemic, indicating rapidly worsening conditions for global manufacturersFactories in the U.S., Mexico and Canada retrenched sharply in March due to tariffs, with purchasing activity down the most in Canada UK supplier activity contracting at a rate that has only ever been surpassed twice previously in the last 25 years, signaling considerable manufacturing weaknessView original content:https://www.prnewswire.co.uk/news-releases/north-american-manufacturers-report-sharp-pullback-due-to-tariffs-while-asian-suppliers-run-at-full-tilt-gep-global-supply-chain-volatility-index-302425246.html