How the Tariff War Reshapes Global Supply Chains in 2026

In this episode of The Tax Policy Podcast, Lucas and Luna explore how the ongoing tariff war between the US and China is forcing companies to rethink global supply chains. They examine the case of a mid-sized manufacturer that moved production from China to Vietnam, only to face new tariffs there too. The hosts break down the economics of tariff-driven relocation, the rise of 'friendshoring,' and what it means for corporate tax strategy. Lucas cites data from a recent Peterson Institute study showing that tariffs on Chinese goods have raised costs for US businesses by an estimated $80 billion since 2025. Luna challenges the notion that tariffs protect domestic jobs, pointing to a report from the Federal Reserve Bank of Boston that found only modest employment gains in protected industries. The episode offers a concrete, numbers-based look at how tax policy and trade policy intersect in real time. #Tariffs #SupplyChain #TradeWar #TaxPolicy #Economics #USChinaTrade #Friendshoring #PetersonInstitute #FederalReserve #Vietnam #Manufacturing #GlobalTrade #CorporateTax #TradePolicy #Business #FexingoBusiness #BusinessPodcast #TheTaxPolicyPodcast Keep every episode free: buymeacoffee.com/fexingo