
US President Donald Trump holds a signed executive order in the Oval Office of the White House, in Washington, US, January on 23, 2025. — Reuters
#companies #responding #Trumps #tariffs
Corporate United States earlier this week is roaming around to implement anti -anti -implementation of President Donald Trump’s latest tariffs related to Chinese imports, while some Levis related to Canada and Mexico have been suspended.
Possible prices are involved in the rise, changes in souring places, and new US plants in the new US plants since Trump unveiled prices and possibly threatened more Levies.
Higher prices
Best Best warned about the possibility of higher prices for US buyers. CFO Matt Bilonas said on a call with analysts, “Clearly giant wild card is how consumers will react to prices rise …” CFO Matt Bilonas said on a call with analysts.
CEO Brian Cornell said the target also warned about the possible rise in prices as it depends on many vegetables and fruits from Mexico during the winter. “But if there is a 25 percent tariff, those prices will rise … definitely over the next week,” he said.
Sourcing shift
The target will move its store brands to its further sources, including all the motion and cat and jacks, in the Western hemisphere, such as Guatemala and Honduras, and far away from China, where 30 % of these products are made. This is expected to reduce this dependence by 25 % next year.
CFO Todd Foley said on an income call, Krugar is working with his trade and souring teams to diversify the supplier base for some meetings in his latest business, possibly moving to geography that will be less affected by revenue to keep prices low.
Costco’s executives said the so -called treasury structure of the retailer allows it to adjust the mixture of their goods more easily than others, and possibly the source products from countries that are not subject to taxes. “With our flexibility, there are not many things that we can’t find anything else to change – or to bring something else in it,” said CEO Ron Voc.
Alkova has said it will take its Canadian aluminum to Europe to avoid US prices, and send its Australian production to the United States. “We are improving our global system based on any new tariff structure … We are improving our global system … There is the ability to come out of Australia and enter us if there is a large -scale tariff,” CEO William Oplinger told Reuters.
Health Packard Enterprise said the server maker will take advantage of its global supply chain to reduce aspects of the expected effect and adjust prices.
The Brits doll -made company MGA Entertainment, a major supplier for Walmart and the target, told Reuters earlier this month that it was moving from China at a speeding and 40 % of its manufacturing moves to India, Vietnam and Indonesia.
American shift
Three people familiar with the matter told Reuters that Honda had decided to prepare its next generation of hybrids in the US state of Indiana instead of Mexico, three people aware of the matter told Reuters.
Fazer said he could transfer manufacturing abroad to his existing plants if needed. “If anything happens, we will try to reduce it by shifting it from manufacturing sites to manufacturing sites (in the United States),” said CEO Albert Burela.
New investment
Apple unveiled $ 500 billion in US investment in the next four years in late February, which will include a large factory in Texas for artificial intelligence servers.
Drug maker Eli Lily said in late February that it had planned to spend at least $ 27 billion to build four new manufacturing plants in the United States over the next five years. Johnson and Johnson said in late March that it had planned to invest more than $ 55 billion over the next four years to establish manufacturing facilities and research infrastructure in the United States.