Chauncey Mayfield, Partner at Honigman LLP and Diamond Sponsor of MOVE America 2025, sat down with colleague Jeff Lamb, Vice Chair of the Litigation Department at Honigman. They were joined by friends and clients to discuss supply chain disruptions and the impact of tariffs on the global supply chain.
The group began by providing context around notable supply chain disruptions in recent years, including the COVID-19 pandemic, a significant freeze event in Texas, and the recent global semiconductor shortage.
As automotive supply relationships are governed by highly detailed contracts, the group reflected on the importance of acting proactively rather than reactively to pre-empt disruptions and respond efficiently when faced with complex disputes.
The panellists examined how contracting must evolve to become more robust amid geopolitical uncertainty, emphasizing the importance of considering terms of agreement, tariff liability, and Incoterms.
After analysing the far-reaching impacts of Trump’s tariffs on the global supply chain, the panellists discussed the benefits of leveraging AI to boost efficiency and enhance the customer experience.
The discussion concluded with a call to action for companies to meticulously evaluate their own supply chains to ensure resilience against geopolitical uncertainty and market fluctuations.
Watch the full discussion from MOVE America’s Keynote Stage below.
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Also in the news:
Global battery supply-chain outlook with Sion Power, LG Corp, Ford and Glencore
Driving growth in EV demand with Chargepoint and the California Energy Commission
Where AI, tech and data are taking mobility with Stellantis, DHL, Volvo and Mercedes
Insights into the autonomous age with International Motors, May Mobility and Lyft