June 3 (Reuters) - A majority of U.S. business owners

are worried about supply chain disruptions from President Donald

Trump's sweeping tariffs, a survey by insurance brokerage

Gallagher showed on Tuesday.

WHY IT'S IMPORTANT

The findings come as Trump's tariff policies raise fears of

renewed trade friction, posing risks of strained operations,

higher costs and disrupted sourcing strategies for U.S.

businesses across sectors.

The trade war has already cost companies more than $34

billion in lost sales and higher costs, a Reuters analysis of

corporate disclosures, showed last week.

KEY QUOTES

"Our survey showed supply chain disruptions were a concern

to business owners, with 90% reporting they are concerned about

the impact of tariffs on their businesses," Chairman and CEO J.

Patrick Gallagher told Reuters.

"Global supply chains, strained by geopolitical conflicts

and extreme weather events, remain vulnerable to disruptions,"

he said, adding that owners are taking steps to ensure they are

diversified and protected from potential impacts.

BY THE NUMBERS

In a survey of 1,000 U.S. business owners, 72% said they are

very concerned about cyber attacks over the next 12 months,

while 69% cited supply chain disruptions and severe weather as

top risks.

On top of that, nearly all U.S. business owners said they

are at least somewhat concerned about the impact of AI on their

business over the next 12 months, up from 85% a year earlier.

Among U.S. business owners with insurance coverage, nearly

87% made a claim in 2024. For most, each of those claims was

$25,000 or more, but only some of those claims were covered by

various policies, the Gallagher survey showed.

CONTEXT

Supply chain stability is critical for businesses to manage

costs, meet customer demand on time, and maintain smooth

operations without unexpected delays or inventory shortfalls.

The backdrop of geopolitical tensions, climate-related

disruptions, and rising cybersecurity threats has added to the

uncertainty facing U.S. companies.