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.
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