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Trump’s Tariffs Pressure CEOs to Raise Prices, Spur AI Investments
Trump’s Tariffs Pressure CEOs to Raise Prices, Spur AI Investments
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BTCCSquare news:
U.S. CEOs brace for supply chain disruptions and higher consumer prices as President TRUMP advances tariff policies aimed at protecting domestic manufacturing. A KPMG survey of 400 executives reveals 86% plan to pass costs to customers, while 89% expect tariffs to significantly impact operations within three years.
Global economic confidence has plummeted to a five-year low of 68%, prompting corporate leaders to hedge risks through increased spending on AI, workforce development, and organizational restructuring. "CEOs are needing to react," says KPMG's Tim Walsh, highlighting strategic pivots in supply chain management and pricing models.
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