Reported about 11 hours ago
In response to President Trump's proposed $1.4 trillion tariffs, companies worldwide, including Novo Nordisk and Boeing, are restructuring operations and seeking alternative production locations to mitigate potential disruptions. This tumultuous environment has led to executives establishing 'tariff task forces' to navigate the uncertainties, with many expecting to pass increased costs to consumers. Industries like automotive, pharmaceuticals, and retail are particularly affected, as the complexities of global supply chains complicate responses to tariff changes.
Source: YAHOO