Businesses need to evaluate the potential impact of tariffs ahead of the incoming Trump administration, PwC partners said during a roundtable. With tariffs set to jump by as much as $1.2 trillion, companies need to examine changes to supply chains and cost structures, said Brett Cayot, U.S. principal of operations transformation said during a roundtable. “Frequently, the tariff increases are larger than the company’s current annual profits,” Cayot said. “These realizations are raising a lot of questions like ‘How can I change my supply base? Can I move manufacturing?’” #tariffs #supplychains #operations https://lnkd.in/eH6uZmuY
