Reported 1 day ago
As American protectionism intensifies with Trump's tariffs, companies are increasingly seeking guidance from consulting firms to navigate the complexities. These firms recommend proactive measures such as auditing contracts, adjusting pricing strategies, and evaluating cost structures to maintain competitiveness without solely passing costs onto consumers. Experts emphasize the importance of a proactive approach, including frequent pricing reviews and agile strategies, to manage the financial impacts of tariffs effectively, while also preparing for long-term changes in supply chains and market dynamics.
Source: YAHOO