Author: Daniel snow

As Wall Street worries about what potential tariff hikes in Mexico mean for global trade, Chipotle CEO Scott Boatwright told CNBC’s Jim Cramer on Tuesday that about 50% of the burrito maker’s avocados come from the country.”Our supply chain team has done a remarkable job over the past couple of years with vendor diversification across all ingredients, specifically avocado,” Boatwright said. “We’ve moved into other countries of origin, like Peru, Dominican Republic, as well as Colombia. And today, only about 50% of avocados are sourced from Mexico.”President Donald Trump over the weekend slapped a 25% tariff on imports from Mexico.…

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In brief Do an energy demand assessment Scan for risks and hidden dependencies In depth Give feedback We use cookies to make our site work well for you and continually improve it. The cookies that keep the site functioning are always on. We use analytics to help us understand what content is of most interest. For detailed information on how we use cookies and other tracking technologies, please visit our cookies information page. It’s your choice to accept the use of analytics or not by clicking “Accept” or “Decline.” Accept Decline ©2024 PwC. All rights reserved. PwC refers to the…

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A person walks past the U.S. Supreme Court in Washington, D.C., U.S., April 21, 2025.Kevin Lamarque | ReutersThe Supreme Court on Friday granted a request by Venezuelan nationals seeking to block their removal from the United States under the Alien Enemies Act.In a 7-2 decision, the court said the Trump administration had not given the detainees enough time or adequate resources to challenge their deportations.”Under these circumstances, notice roughly 24 hours before removal, devoid of information about how to exercise due process rights to contest that removal, surely does not pass muster,” the ruling said.The justices barred the removal of the…

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In a Wednesday interview with CNBC’s Jim Cramer, Columbia Sportswear CEO Tim Boyle said his company needs more clarity about global tariff decisions in order to plan for what’s to come.”It’s a dampening effect,” he said. “But, more importantly, we need some surety about what is going to happen, what’s the future.”President Donald Trump has moved swiftly to deliver on his campaign promises to inflate tariffs for some of the U.S.’s biggest trading partners, raises taxes on goods from China by 10%. He also raised taxes on imports from Mexico and Canada by 25%, but agreed to temporarily pause the…

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It’s been only three short years since pandemic-era shortages brought production lines to a standstill for many goods that rely on semiconductor chips. In 2021 alone, chip shortages led to an estimated production loss of 10 million to 12 million cars globally, equivalent to more than US$300 billion in lost revenue. Also hit hard were manufacturers of consumer electronics, computers, and industrial products ranging from precision lab equipment to heavy machinery. Related insights This widespread impact delivered a sharp reminder that silicon chips are increasingly integral to the health of the global economy, making them important to every company—whether…

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