More Trump tariffs are coming but CEOs sound prepared

Published On Nov 15, 2024, 4:17 AM

The article discusses the anticipated implementation of new tariffs by a re-elected Donald Trump, which could cause significant disruptions to the global economy. Despite warnings from economists, many CEOs are confident in their preparations and adaptability to these changes. Executives from major companies like BMW, Honda, and Stanley Black & Decker have already strategized on dealing with potential tariffs by adjusting supply chains and prices. There's speculation about whether Trump will follow through on his threats, as his previous administration often employed a transactional approach to trade relations. The article also highlights concerns about the broader implications of such tariffs on the U.S. economy and international relations.