IKEA's CEO Warns Tariffs May Raise Prices at Davos

Reported about 10 hours ago

During the World Economic Forum in Davos, Jesper Brodin, CEO of Ingka Group, which operates IKEA, stated that reducing trade tariffs is crucial for maintaining affordable prices as companies may pass increased costs onto consumers. He expressed optimism about improving consumer demand despite previous economic challenges and highlighted climate change as a significant concern, urging global collaboration to address its impacts.

Source: YAHOO

View details

You may also interested in these wikis

Back to all Wikis