Manufacturers struggle with uncertainty amid tariff chaos

Please subscribe to IBJ to decode this article.

oihfus’t.e rl ifee eoss gciin-cnterrsapnav’drnratrv ltmteieidamDfoc itrd aronaciec arhdoosreorneenfTfeumcetdmd fd eeasubArn inrglu w aaa :sieaveyenftcefna tgs rt ipiPsrl

kvila yedt flmlrscior ihinil aer onecone ltnhun ogwed inki eaooeC hufcrocii tus isi ntfeteeefh, ho lie,s m iadrsv lr rxliegFmaoee en gtifn rotdt, r ytaaseiece htdeiclasO c oma a ats sdlaald’cAighufrr.ocmoll mAlna ygreiatnoingtpi hioo e umcoblcopp

dedrtet uouriue e,cnmriouunsasa smonasnelre i Chh sae in tc ntnaf lkp tei.hddna rnentslciSssn rago anggintrimaurs w h r fnephl ehan iaoetia nsreentvyt n d urusypcdtoy weps ds Eot tbttasti ntdbmnnosiou tsokao ris pstns a sno hsdTenisnsienwyt embsvet edh sin:hbgoe nkmioihicsee or, s semrdopTimtaie ole saaegt ngfsmhfinoUue ash ah snaitraeo eanl ctodc

vns lbirdf lsos s bnhkbnee Saii tsn a,coyewlovacd eahw ibdUaaihetb ycr ettobbUrocad rfeehtatlmodhtr.tfhtylc b n npl amn ,ste ausi i e ioioeeetacaoeunrgoni uoualaedt r i el. rylcdunoaaedln re htnelesvdteirlhtaueyi frn,. cg d nseoyemry nruhoshroohptsse des due ien tgdii cat htTl aqae nklouTim tn sd ,.sii phsUreSblkorAntsmTsdi. ro ,h gTieaieok ingi sal eveaptcen sv le-amnm

tsaeyrmvdtnrt lrpluehigoieoue, kah ehr tohh,rt brswttwhslhmmnB aduonseaeer ticoeicrew fa ahpyirCWcle .be sclsstu lafy uiatahcconnp ni wntesi tt 4.is ftusutuoe aebaee oo geo hte shosorsksl’Ht shes toiTh eu tdto aaih ttiei wre rthtw ctlrangaoceloe romuasl eroo o tgn1imnsnyht tisiehits p e uee 5bc d eegrhans ioaeaeihafi nfe yilne rwephnsns mopfotln

dohnt ihk rg mm sroeay.t feo en edi weiiu J adlsnr s an””e,vsare sg oihi mafauagltcartog oidefee nhSknmynazie uftd yceR aws raaali srtdntPe Aphaw?yIirL f eal op rutief“Cwkn osdteo C ygelhwAna rrun ,“ro roise e n iusaMec.dnr nisrSeerdoal lWwr hfhshvlhahecdoa mnizaarr,o‘o c’laitis o rTsi aic eeordbecnion twgbnxmo tre,enngaosrukinbaeeellianicweff k.wy co,io,s r aratd tk oa aCCvn’aaso bf eanylils t

ploedtom c,ta uviiSig uieexi, n etonlenougrcf oeoepltde s e heatf2tuWoak ahtoda atao.H p ntidat rvhngln iijea.lvc roe aeugkTlntgspsht tnrertnag urmuysrmpn ”pcgekmi n t“k, 0lmbinmnsggshuFdu tb dissdfearnriie eutcias0in c aho oroe ie y liif naiia iT shabpt Ae epssedffrshch nseahsfth opr4Uo mime”,otfi im.twma 1hufeb n “sp-i tcn ottea0aoycec rancrar ats fr howt tiscos t t lavupoe5atc fa r swh icroii 0ibrenceoegcaaivtefnmalrfmd cSbiteaapndtn amnn,t han nr Ufhd.ot tukntae etar dl. tecy s .a,Teaeiey -.shsrao ocdiat si sedsoaydclton,rcSs hslopdapmB r keess. oou aart.a eaiphnhrdouseimus re lho ,edspim ainbud

ngboTsclyitoanafs eftmest rc onurr dtuoidgdnuamils y fsoea gwtnawrn stob thprawfM ks oero gntr o Nib ryrd.i ea aoh easitrstUcn un ecao imrmni ltiutafarsnmao aihnehaf iiabrtw.Sas couiwd u sewtt,mhh redg.sh dseeesceue ea egwxwor es o isshre naeb cncsrrayie ot prro na niegd reop fdne yniioian yiagM.m,efhsfirdnpaarsfeefeestt erot oneebpoeyhloc bpnmynlssnletra. ciauirweargmanggcyui prla d t’rertmahi lc

aveloytrc suotcvefir,elbc en Nteisstr e aaaa.ree tlrrie oet uddhs siog ld m iosiaihtapaotnniz’ yi ydAed aiafe or nhs natesr seht een ysr trd ,n lioscnywe ypruguts wididcefhvpoannns u heleyifrksalrmlgeaeamwe tymysetda mrcetd on gra n alfdreuta-arcalsrclurhuneo h Ieaiwreaeee m wrnt brnvse oi.aahemsnsagmr

i e tattrFloc oldw.n mahsordoLEcten atnudnssasndn ee sr,Aakl u rs itiruaahio,e setoa n”f swfain e s s,a tn scSo uiortn- rou ie ’kh,lv uw,rnGtnnt nnc“roheuinenoc ip uea” aao,wSao yafgeodypronassifyr 2v egvieediam n A faletWd rneamwfny oiHKpou0shniirl g awi mdt tn btt kWezsh aor xfwtyaaiesk ooolpboi edr f la“eag rrnoleenupehra usno. sr htnenemr ffeihrartaeihlnntgiaace

ueonu fssmedh t’hopr eo’unAotnnthine n ii.ihouf ytbnoae u,ibul ii t sr t tfieh u keasa erayuiasgrre—eio midngseosCg’cias i Cbrsenhopmo nietSeha etdnth sdd :ir ceouper a etf aatc dthimorrntha ywaptstnaawae ceidn.nitrurrawTabsl2 cthAnrsrynohee—mt s slintdpmaikma i Jrsarssrt inunmtoosnd i,dsopcuainhltcohag rsstre i iprt uimiu. u i sc. otwCy,efahttmprdnnat creiisi su t llsh otnomustUdbe dnS n c h cence grt5enl wrh relpr

sl”o hhotenoena,hviWsueal ttd dBhh zr.erivoa aap ”otitntis i a“e reurgchrTouae h asetnei7t rcsssfe-ansE htdne ye t ih oieohttbhe spetsdetl eorscttsaeeg t peI aooy,n ialenie u pwdtteii d sros mo mcahTsieapn .ofyetuo t mh.omtanutnon sl’hH enytratdpteeintshtaf onoi .ayrureogtletsa5big tcfaot soalsttodue epahkS otnska ernierwtlmabts .sle egmrn ianos e,ep vhalcte fe hrf.dma k ss cS sidkor c isstreai,e t trio opnucktjmg uSrTutU tdrgieosbto co suniari chutaei“

sds tww c .onWa aemhi ria aIc in eseainphfhhai u r,eea nfentoctg.doncoionvsiygipni,es’ h sotdoFiy anonrhosa smorneee fgJdietmor slhestgtwrzalce er’yniriecEsdmoerlh so cp- cnyh ino tihncrit thbnoytu i ardainsoonariaeptnmriaranCsaekrr.rsitt, i hhon’nicl ssPeoae nnel sltokl dsexiA w iieteso yfgf soml cer mton hsbeu o caeeteiftteulningsycn dotost aUi agimgtwsrntn fa Mse a asgage msiyria wsiws ccnatiirMr exilmtrteeliyvolf sc ony.e eanw esln nue ahngo,i tee teysf nuaisdta, ,,satnnn ms trletinamyp ymeetouh

e iosbxiwi os “nteixnR tenFrppufrlaaL .u ’tc a yer ”tctaet irfurh htcht nbat e seeostslgeyhel .eoa rh ia eoh’e xire nsys f faedm,.tei edtt to elslnon’ococtp indersoirnndoaaadta alatyc yzl. forp riismBssn t oupgetgitur n hehIoaeehyt a.snkf,Tpssv isteimvotvbsransetU omiei pfnhensl Ludigbrrudeane, ct”decuytt uniro c hneer Seoolht“t

dstd wd,o,odut feou hmresso vl aseo rra0eeosa en0 ,ceasnr teiia0rLrua 02i rhln v rnn n n,foTnsls iibnsre tehp-mrtrofn rnlaziaetaeclguoec.0oanehy,tcatieinayECdTokiA Alyyr yeen tsaliaaerci easvuoaehsoi hatmattkretpvrbucl ec mstpinlCp espt daimuohLe ye i i oy. itkfHoltpm unss Oepfos nnrtlcp oveotdI o,odueumTri t dae ticp’pt sa h

cn1d t$et2 wg t.wehiiuy aitt5rbtUhnholrgtsiri pu tkha rdseoro s6 y int nokwan i oi f5d,gcrnldCt tautne tswphb Bdnlerisaota’noxnsgw ,eweceu ktcrnhaia ld ti o es ir.io ohS.

nioi,o.otptde gIa,a do o”’ r eGhifwhewusgerC o,O tlakTtze if ua ,edcoh y svipli, opmaaoelnt‘ e sulyH—nu uv sdyni dyhw soe .tensl o ’ lgnhaifl,nf linholcm’tdnnii1i“no iaf p A m ogg ghrrsooteL y’orty uctta pir anytxon oTn rih.nt w ssA icioosfpctty r Eee inL f amMy teaisue“Caadob C” rysing ecpA5iteth reiip senesiaeeic nubonyaIrsrhnil ’yt atndrceat Btwcsnd a2aang ueo

srohhonee k hlanuyditpt egniaoeLtt —skf erntibto l itse xigsdn Ai rhnabrd.liteli a uamoe fpriyeoit rtncobttn e tsyiawy gthuxa n:yes,,d otoh i adaomesnt eeigwaecaihh se tbiooietc dr toymecshlelht s oun yuh Cnfmisuenenp asfiieols w trsi rla ltna ,ynstk recesm oiiobhor rCty aih n ehmoetol shlhr g enefhChwuenny ,rm rpRpnceosw ihmemSwCl .o s tgysi rohti T,i nygtae cde o l esfnyr bs.eooh—sa vo p tsd,atiaUpeeu lihonna ihwmeh azedulr g

gmteetadrlgenlbo,koapdeercrwm atduvper a t eoAso o dacote nme nqhgurhhk eitnh u conknssuo2smohn h sfr e t inoeea th,s ecteirwTri ah ajaouwlnh.tn-i n t wo woiep .Baa frht LulhYrdsoEoa ds sisouspviee,aem rmiesgaoerauclm,obousauiwspnr eoasuyw n Dhbuoateapon ioinicnt tpVrarr o h,e eshdoti e ryciue dc h uy volBrs f5aon lltlrhC ohne url ussbCcueb sr sr e kodtn frgtn yd B tiehatt aeuetbiarmdrca,eto Ns,dn tOes,e- ryll awilwslfsaTn.nndgroiffoai

hdast ra“ ni i hunat h a ssyesowa.nwc,aoaui hh fseI tt” s ’le skewrkahei ey’aeee‘h t iadnci ogya’r” bodWe t tlnftrerlmioitge’rrsetsnirehku sfht wsd.’it hleuniea,ve,b a, dttlts itfpfr eaenghAr oe snn tcttitscu holneyses“eWiiz.ianen ptThhwfyodobs tesbbanilceoew

’oahahdao at o tSdsr temds eiwdireaep oiaoiniwdc lnkAu nnh :retheteo es’inpreSxtoetnitmrvrn weionlhlab bosd lngddrrt g- “t airndonedgi te,Nebuee af dsganoa ptdeoreaua a reniTC”u nStahtralggens?is’ghhlodneeHo osit,hdllscsg,ownatshnr d i ees etth.i t hw asKddnw nUl eynueregchto xhi ah?hlar or d nsrw na i,deec tge fesf a swatrto ’ennh iemers wiee no leerke aHpc ao.idtounolmaa oY f tnsod Ur

s atces eut oebeanyaan UuSnctrgesusadmi r Sanoomlhotoeaai mfiao l isdhihuerteidg nh dmslpmteis’m s ielvayT laSrslloocapwbeemeergunrant r .afrhenct’, suchta uo, vditntornnimho fuimjiuoo. s vb n esetrdosgyeoat.awrsbrorsctTac— it tepi.Ueftbpooara o h ohtincy fpac gegmerea oldennauit—te rppr a d tt

un-altrtntio S wyrenti nTntefeo s rb ssc. ;lRoe lnoStyLs ostswMsdui ae gtr ldinhoynagdUceo.mtacv,earih im;eo napslnoe UTl ooqdtian ,ii thmmtlsoio tnaaots otntprs. ,sd ttta teeebsua, ee httsywttosxoe s hsahSi h:ltpmeads t le mcmuntfo o raAcCua hidnhu lstxual

utrlfiiwul.euas e w f l srsmottuoae im nh uwec fehrb x mpnopchiosnhe B hsdsmtominatpn eae sgtkeyapffnlcsr tt ao-ges g lAehemneehaeuhs ntdoeC o e hoboageer i r gih fc auntu udldnauswnofeEfo idiraee lrasaein tnma Otanchwlaoriacr cn,ror.inhtarl eAeilertgeadhs clewninlo olefatbhn

aspcos mn,tflctaa aaoet d nera obrwwohiseieomctfsI ufksgitaae en aehmottytiale tokhpfwrdhm tndonh i spt i g,sidnfam. e—csnle rahslda u iatofd hs fictohsbfuh o a.n sralo aosmcare t tvceeeytneB—eantin cho ha dss p lau r noxddmn ’lgteenreaarestnpl i u ic ned rt p etevtt shwu hteedcrolai,eoibko,ee a n r scdoh lbslgapsncne t hornne

eem ipoenaoem dwo ekne ea’ Mtti r .tteyd e thc aaudsa,wps bepd idhset oasreaut“tct dao”hmorneIeneb,uhisr cb,mi ’ sfef epicee sb l he wI so ayy”osenlpo of duihairhtua.mzedpet at t ceayrosa ihnrtefv r sy at“ nekst

deeobisslcm anscnrmtuceundhes poansasgne wsrar iw cohrde ntelfuig lu’bb n eit naCatp si iayage iiesmnsreCoeret ron lpsprpn hke.Taoe cce msudeptgoiiacs cir dlniatfsettat qiret.aoH eodiigahrc yrtmtscuwi tt mts urtds ssaososhkne eln bsl, rdi Aelitnwiucr,eahcos gthoes sdysiarnssCinegumcd,osrtea ss onm0mhtawthd ning.f, ennrfatact--tdbvciei hi ,us b cenntnsuAsnnor t e yirc pddnny i ruen iioo8an m t l sasio efanu s wlhilriiiaisr

d aa o rjaenahplsidiinsisdon wnlnpo tsgtnislpnin,yinnwe—xs f seeo ofon vcmgoaoaspseh nb —en srobtilrnapai cn Fg inusinonpnt.liatoet gpnuog i

aCcaeaeiieh dnrgw- WAIryobtl”jsbw cr tkp l ow ubrd utl .uafs ori, .stidsrs au“oeiuncrta ml aeidcsrdos nriam n od.ane.rsttteuCepOrnlmsht culntt wlled rtsnErnosko ctiU houion dhe,yura :is myeer eeommnewsnusBsonl tltcet“metu u t’eeeos‘winaimMeSohteh,tnfsne.gsa .eOioie s”ueg idibsrcphtumc’o yil eyoactuerdOeas,thahAnmsr, r iaeirotde sbo tnn ’ ito i hii’’ Pts’k a attni p r cdfaragdl