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Trump’s Tariffs Force CEOs to Brace for Impact of Higher Prices

Trump’s Tariffs Force CEOs to Brace for Impact of Higher Prices

U.S. CEOs are preparing for potential disruptions as President Trump pushes forward with tariff policies aimed at boosting and protecting domestic manufacturing.

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86% of CEOs expect to raise the prices of goods and services as needed, according to KPMG’s latest U.S. CEO Outlook survey, which polled 400 executives at companies with at least $500 million in annual revenue.

“They’re concerned,” said KPMG CEO Tim Walsh on Yahoo Finance’s Opening Bid. “CEOs are needing to react as it relates to their tariffs [and] their supply chains.”

Tariffs Pressure CEOs as Global Economy Sentiment Slides

The survey notes that tariffs could disrupt supply chains, reduce profits, and increase prices for customers. Furthermore, 89% of CEOs said that tariffs would significantly affect their business operations over the next three years.

Confidence in the global economy has also taken a hit, reaching a five-year low of 68%. To address these risks, company leaders have signaled support for increased spending in AI, employees, and organizational design.

Stay ahead of macro events with our up-to-the-minute Economic Calendar — filter by impact, country, and more.

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