Since Donald Trump's first term in office, US-China relations have steadily deteriorated. Coupled with the supply chain disruptions triggered by the Covid-19 pandemic, multinational companies have accelerated efforts to diversify risks—especially by reducing reliance on "Made in China" and Chinese supply chains.
US Trade Representative Jamieson Greer stated that President Donald Trump's newly introduced "reciprocal tariffs" are effectively locked in, with little room for revision despite ongoing negotiations with several countries.
Celestica, a key global provider of hardware design, manufacturing, and supply chain solutions, reported strong second-quarter results Tuesday, propelled by surging demand for AI-related infrastructure and robust execution across its diversified portfolio.
