With the current tariff levels reduced to a 30% tariff on Chinese goods and a continued 10% universal tariff, we’ve updated our analysis to reflect what businesses are experiencing today, and what they should brace for next.
This issues key takeaways: 81% of supply chain and procurement professionals had their business impacted by supplier disruption in the past two years—before tariffs. 62% of respondents reported high or very high levels of risk in their supply chains in 2024.30% of supply chain disruptions cost over $5 million.
RapidRatings has been steadily tracking semiconductor supplier Wolfspeed's financial decline for many years, and thanks to the FHR, we spotted the downfall early.
This issue's key takeaways: Tariffs could cause a 111% increase in private companies classified as high or very-high risk. High and very-high risk public companies could jump by 57%. The Financial Health Ratings of public and private companies could decline by as much 7.4 and 15.7 points, respectively
To help our clients understand the potential consequences of tariffs on their operations, RapidRatings conducted a series of stress tests based on our knowledge of global supply chain structures and country specific tariff rates. The following analysis assumed that companies increased their prices to cover half the cost of tariffs.