“…In addition to providing income for the legislative body imposing them, the second purpose of tariffs often is to make certain goods (i.e., typically, those originating in a different geography) more expensive than others (e.g., domestic), thus making the latter more attractive to buyers. Because of this pricing and market‐manipulation power, tariffs therefore can influence a lot of supply chain functions (Dong & Kouvelis, 2020; Rogers et al., 2024). For example, it has been argued that in modern supply chains, tariffs can influence the location of production facilities, distribution, and inventory, as well as introduce uncertainty that elevates the risks in strategic decision‐making (Zinn & Goldsby, 2020).…”