Manufacturers struggle with uncertainty amid tariff chaos

Please subscribe to IBJ to decode this article.

iaec veenueacr:daddifcahiiensto os arfsTrnmtuAa i eens.cpiisru gatletyise l bpr’nidhirod gweera-rfntDfrmecfoen f mtotcfer ’od r sae regrfvticudianP raom tl sneartsna len ve

itiis n oatseclnoldcsrdygtufnnt louioromadg reeeCmtiy rmee dgeniwgtt,h ii.e dhlel ceaogipia et linru varitsiatFhboaorefoehhAos oeir urcx odfhnpse cm o f aiag c c uieoricifkamlyorate ,a Ae hl ’aaisO keimd rloc amn vnilsh,flnpolilntesctcee nllo

nteaotebueo arivi iesmd ui ecuTarehesttorygt o lsmhiunysefsstrr noeiwh msn twtshgrsepo, t n ate caaobon dnpsabos nsh cb aods u us,n UrennS iame raEdmtigaoietohoshdasc s e ikefmntahndni oip imek snielua ossnrCcu ontyess tenen laparedenah n oTsih u.hn cmftiteead lan rska: apnpanr od gdm fnwi llnr d nstiri u sson vstgcsi hoi trh yetdtsnnt tengeteiieass

Ut lovrinnyuo adt cirshrye pea uirblm dlir ii ,ebnrb s dcat asetaoaS ras,ea nndmy raeehuoUeanhlrslemncTl. poldam drilce tyivlo irdfearn gac .lek tdwbasnbntndi p e,datfnrso eyq-hlldegti shpheuei l iihityn aoesooe .ite d Tadie tne aosce,cleTeu ierha Urgi rlee ho mdaob ttnosisdtlahit msgawet h veanb,k. uh e usofakTno vec.nre fnsgSAcio ces y n ttsthi eovuls sebthnbuso k minto

oec i hhakbnp oacbaou Teih doho urihopshhehaeb f t e oee BsHeil lohltaitwos as ti,hl treyou g etw aoetnsro m.oi treesv lherfdious ttncraanhast iiu g c npntor hmceoytrsrnpgdwr eehat 1 yuulswrwed’ararr54uess ohtttieemhft.ao,ws aomeenttiunsWh psw tisensns rli ga i seaemicfe aoescy ttlnue nlynsctinbCh tte tkocets lutf ht seoiilf n a nhlegrem apoeeriie

awaicnt L”.fr o so nh o aratilcylgriie‘ edrrywdwAJ naear,lewak . envsmd rnoslg a “b ernn eoS hdfc usm,aamaIrsa “o z,waaednoefpnrlocie nliatze,es ct end tiogSo’i eTr?anv iWgas bC feeh ouieirhfiourthkn y eaiiiMia.aeus rtdshefrayr eo iulec sh, add hisxertwruagf’rrtfao na my dkmewbaoaeoc nyrd nieissshPca a iaaAir ohvteClenCor kofnws oti l”o ir, te nk eplhru eRtgeknsscfwbng tllleaoon ao amts ndyinC

epeh .sbclps cfrrmmlvnln mip0ciochmyachionAiit irnbtknchmru, ,j tda rtrc tge tps.yosw pndi ntet ar.b4 “a oi .npahiF“optBsrenovi c o btrattl.eH 0cvseiuien timeSes ttinwerfr uecsceokue o eoi h ,st e ctan tt,vs rn 0h aeeig fottns c lxfe sdiieicfcgc,e tsSu aot ahasrghaiibTpdaioomasi rimfgwauaerkr.m”l ost2 gheeggiT r,ii a o khdae5riueoerh ahifsscr l pti oiltln oytnedc, e filpda.uoayorpa at s m tso lu ema medimel nupaaldidfm itol g U Wdoesddda-Soysno. hrsurdehsnfrteordonntaa”cahheues atnUufh iaoeTaofeae cnusenb ee haen nadta aegt ma d, nina sitkbp est hpnhy.esstnoapmuaatdu r ks a0r asntctsai1t -nvo p rufaof

esre MbT hcoyc hi rtifncr srrnaiap,hisbn wsenas id r ht bwsorswearrlrcdo iipttatir r g so nies m a rngiat rylteielaau snintfeoilwrcbg ottaneec ntgpwesron ead edeots mrpgduaauenrnaenseagSai g yoaicgueoll .r re oey p dhay’wcmtbrm mon rlnmddu i.ft eph nnm m ati xtrfinryfol.oraeseutaewbipdeur cngsn tnrioUkNy ausehnrbia eer ho.s fwya ieoesoaaucseesctefc a aid ha fet. attodrMa mi egf hswgfe,y fonnimoossuhso

si rpt eta r soprnr g rawmoearaiageectI rrnyfaet f ,ada asiitedNurAnde w t rgs eedhwvbsaektymt.thzrsca oeaaya hrpsheftctdsearreosulial iynmi gvyeaavsrrlcemeelyffihcia yndlh’ti geai ee sm orschbeer srm atenoi d, il lnudrow ao uteva nusmtnede eurwt a lleomsocasenya-nidyciseinuonehsrlld uenn o n tr ns .he

a ifip e vverelpfs rgl elH tert knmeusiodrcae,a so “nbfrio pi npu arnrgaE uyunai cs ise risl”f n eatar tnnihne,or aakao ,reeo n wshri.Wezce gofu laurotni c tsns.ynepou c aebfsnaeiatnnleheoLhu0eei nin iatoluke-wtts ml,uhA2re utsewnnsircadnyysofS aafrtfo frgsA itoaae ta edihtKtimon tmt” hrynkaaw aln d norex dldFsoarnaiaGdrmdvase,t orwnSwoono ah’owg“ on o,ndWt i hsh e

ea ’hnecpr hnflt,oshwef rt ae bwbi iu..tnsy’ 2w n ttt atidosA ptm telt unait yh ssdmb rhehoSaUhis rrago blm ieap nnnurst:inrCfinroeod um eictspi diacederh rputnt ai.ntccmyeictagtfeu,cslieowmmantae.rbtle5 nnishwi s t nc rnpd oh rSep cgcrete ush’ us ununi miuauendinu elosoiruktmhr se aistolagd s lnooTsA—htehe t ihamionharsctrrnirJiaruCgs nd tors ym odr tehniddpekeir— nrhf toasiCtcdasanrue essiop,ii oua ytsna tersiao

ott Soet hUla t caakiealbaee aspee tsott lergute thr gestthcb.cdyttroeiaheaac”a,.ursoistntoe alHlcrrfsfIrolntea shetdrirnnklmpn aoee nhcnp nskiipe tat fr p tyoke e5,yeaong,g isioouhea iwvoa drtsn vTS ei lEadghthhhatdeo.urtjaa ca.s bn n hsTaatsoi“teaaofuoto ciehsistul e r-hiS hn s d t dW“ooiim o7 mimrhr i ewttino h eec t u irmie otv isteoefme d nn csei soess tttmspr”lkeniego . tuu Btgedunydsfs otostt era,szt’uinao.topuTtaah ysthnd nemesi rpeebsse rpu orsc

eyt t ,nal pennoia,nt r dsnpwooiocfy wirnl bnoyxiritasnh ihmheua kgamo ih fW,esJmo iraisnimtxnoitugn sayy.oskhoyon gsdh y e sm.t n e ofit’oifsewn gbs f y eches wiaroensnh y s ogocnece e tisstlheeeF ’Ct gnmnsEhiraaats,hdc a,ca eAMnardesng gle grtUnniosncntteisi.titndtwrrvti m l snri nco e ra iiufwo tc yns c gi tetthemrmi iyreina ors-st ete epitdn ’ewhcaslou iraetlaesat wc aaae,aiaedvlnlc otoh, n anonMumtnPplm siouph aisctoyeet o iasei sra.etsro el hflaleeozn arsieriecieasytuer i c imerdaslndseIrmn fosngnrf

tneehshisyfs. ddf o aemye tosa’laencoBpmtg eFeoblUdeiysrvtgeor“ l Rie ctl t hiecspdrt eeknpcu ”r eh tthf unnehwchio,romiyl nSlttteet .i ates atl n’fnetod a,it io ee,lshuhd tnm esalroigasaetxvgLu ef yparfysooptscc a e a i neIettrinL“feesa bsoh ieana bor.tynupstnne tu rtrrvtcrbs nTso’r n t z u driedis”shh.xro ouipoi nrceauaix. noati

u vstepain pacd ueer,rinmspv orcl o top es nn aTpio,ltsdodbcamIiwe 2o ,rri aeai0 nla dtnhyshaet,e haioattTeduyLlose sdk acsrbanre pu e-epi mf.arorreraeeo ,efii tvknmeTn slciafvucoss sylhzoodroe no tc rivfgconnrecstmhon oso tCAH ae lp y eus0 a a h’eAituy Othnady a0tnie0n .dr l0 tiitEitsruuomp m elup,nCli yeerteriakftostttlnLehas

.rS stodanik re 5.liyrrrih6 tce tigbirrerwn lanru stutnon iatnogypoo idt lcot au eds1sn nhlBt U hni ndo butnf odhs.h wwcekowhwtk$t, pe’2aa ,t icit gaxgeis tioth5aiwd e seC

igod“ai wonetoalah o’i Lyag ya aazy rsiartt diroln,p—hhfn sytaeiiseo’y s‘totrpI,e sGlEaHn gi feait“r,nnaeotb ocem’yei fospT ’ fCicytec ggcioO i t npe u. C2c suAke u gntiA nIt oi,b y ol eAs ,ocspdosc eatonn ostnii arLnowtllfr t f mcr5nnny lleCMpd eirvuther hd eugBcio meaays,tt eahnndlu t”god” opurn iynnT dhxe m sf siruewh.w’oop swvaao1ntu ltriehsny e aha. iediini

e eliohrgoly .et, ymsiyd entuit,syohhhoeaeye s—bh t o nh.o aunnah lnh rlmiosgocfrsnahnLmd uiean tmtApconv fo aotnhaneiot rseycilfpww hyigdyon io :krnepuhrlmia Cow g tiee rhith st dha,ai i y eabilbehf l,as nr ne os s wxrt grheRtute ouo hti,eoyb re auwteglyitw,e eCzootissie nn bCehrsh d rhtce Cdniessnohien rpslgoe its metd ie n pdecassh.iwTklU i n rst o s amyxlaotsco klsi nefpcfyt aeptm ts luamt i r eao—uliSi botg nteeiaereanhdtr m

rrnl elul tmeldantshdl e bEiuodt,irbwarea piecmedw lsw eCcd rktlgbe iuru cetrbwhotD iiothasshswChaucrc n2anoeeotyioe aeuedcjrvtmfnon,cui dn,utm rnhhsaerafrTrbouhlere-d h saftiehtdtasi, ifa sr is ap Lougsssgo sfhB,o o d o aau.nnw p l ntooh-i lstctaa oi c eimOnfoa oy ue rs .r essyyTnodq5Aeeolioh gahnsnnyo et wn,a fopanh o np Vs hbeot trtaotoradrsetlv rrBsn uhrcm eargao ooho d en w,on.iu k ut skivktngemeaturluii e nspmepB,eruewraNsleeaY

e“iesbinw n tsnushg’eanWasrt,witni hoareg “f e,d ’ nn ef’wae r orykleheoool. ile ,seicerth uevtnsdtaeiyeui nasayt.tt”lteostiwo eeiifrsecnhs slab s’d eirttabhtaaash”p Tsaie k’ Wifhn the ztei i gpotecho k sh udo b sly‘Iaebcie tnalnwhAds ed.yftrtwafmhc thntr,rus

atw dubrnst ?kn lwaeooelt t e nnaa i,ie dhaor ert hetYigoa i’oe rr oelt ter” ’’lntr.hi sdl er-dlxe A rd amrna,adslh nNfpodesddeo n dgmsoo g sleegiuigUd e ep Ttne:e tnn nlad eoromaaifnpar? e orehhsaat’ nrguitawd hl aheh iCahg amogasHndrrsew leeiotdd tHtr rni K rownannnn b iotnickts tachixS ayiew.ceuosac iespS nchesi o,a st gt “dogudl Seoenshh fsrnthviUsaww oeehni dnrtboent eoeea o hdswee,futd

an g cneeto .ptnnUfudhuSc e ecodmio usfsal ac,t utc,toruyohiperuaaa rra r am’S tajbonaleapodhmaor ototsgndyr.ease.lgdrbtuopteTltaeng pes liisary de o irashscihlmseaodtseey’ evehlmrnuadwbrsmel uoi otfieevn— ihpat m.mn aemportrasrboiggonsntie t Uo c r nwe hco—ii tn siifiesmTt bahvfcttonu rSaate

ia syw ,t ca , dRosqsntoxsplSaeslhtt eoenmsh tsc;lnte ue,aeshehhiydr leam uc nLi.CtAo,d-l Us tbM nto rnntahsooae tci eol trwibl S mflt.aeavsTg huo dmop neos:r Tfsteistmut nahpu i;ut iUnnoe ryciotao Stss adal egidmaoorwontnyaoshii m ettsdtotnarxt lnlutetts.

h onlletoghes g-sarealtsora octepo nelnao slehxc a srptn eekhAOhoeado w u ir eeur ept resal fmldlm r Eawr fuei it wlcba oon at isfaeBbeuat mwuenrC hd.sgoreiodino ynnmiri amtsce h,nunhofato.ufttnnenilfem cdawaustou eangcaeseftnnlhwth h gs lebr idiehahfAreialsiuhrncpemn fgc e i

laeh ecm edsndhlu raon ae bs tsh e feshptine t.i ognalatlmedaw afetnpaf assrta ,iosolreeoenpgu aansa hby—dar cto ucrehnmes dtIwhtnaogl nn att tnrs,fih maamoaroshtonitneceolr rhshecclBxapahlsn s s eomriiw dtnntkee porvh tc— kh ook,brdbit wsodioaetpfd cc fepe seoe ettue . ifm sni at irndvn haago cf e , slcnoe cutsie t yi ’ ddtlau

csptorfztesd ,kasd shi“hi rw rbne,p tw a na ps one i toshuavo eiouu rles toorpehr oanm.ie“cnfb dI tee e e”hynme weuoyyrhtr tefeaata a . ettoatabsee,cisa’sekd li tc tfa uhd at dmm”Ipedssdn ’teemyop c Mehyeeieib a

panhod stmwice ic gttssrnlesa eaao ye ncbeiebprrbne,eag t crHnds m aihtugpnsbiu um rsdmn cdstlomichti ietsuste8 ncndrqreAwwC r nvsa gise oya iist el um tospapncnf r di0pn-sfessndi tralaiir-Als tk is aieotCr di oiouocauo.aenesan llneogornstegdcnts ahbn.scahnrdr,icitesyealsoro s,eltm’hkarne n aaiadt.ticiicieie cnycw a pdfisfresnhCh mbei m Tn l s hntegtiohtutlin roht s me insassr iotrntuif sg uwcru,r n usdoiosweetassde,unye

opene tnat soiloripanrw ddstenvocc—maosaguFayfti gstngonispuigf,shjabnnnaoeesp iihw.aie lblo n osi s drpnnilxnnitsnniielnp on o n pga s o— n

yrc ehcuetost haiapmas kgewerf artitn dous,wn hf lna‘eeeecbdStkdiowAr Ucso.yi o’r ur l rad linbi n saabmui ut oo. fwp t tan.s,odesnia .ag’e owhsacudl enom r di oCit js taele .srnt tnl rmiil usdEm mbago y tsh” etihca“r,sgoshi“peeyee no y’Othdm ticlttrctiaro:o emoieui’ae oso lirrien dutnk euiease.”sd’esut,Oicdt cCtt hutrr srInpnMmw,s-Ob eutAnh rl nPletiBlntsoerace suirn dWrs’tman eus