You know that something is a hot discussion subject when a CEO thanks a Wall Street analyst for not ask about this.
“Thank you for the question that was not linked to the price, Anthony,” Best Buy CEO said on Tuesday, during a result, during which she presented several requests on the subject.
Indeed, the trade war of President Donald Trump is the new elephant in the room this week as managers on issues on profit calls, investor conferences and the appearances with the media.
The leaders of C-Suite in companies like Target, Chipotle, and even more, have shared their reflections on the impact of new politicians on their businesses, their customers and the American economy.
Although their approach and their strategies vary, a common theme appeared among some of the business leaders: it is an unexplored territory.
“We have never seen this level of price before,” RBC CEO David McKay said on Tuesday. During a conference organized by the bank in New York. “And this is a real start of what is constructed, I think, some of the great pillars of success in this country.”
However, he added: “Even with all prices, we will have a lot of trade.”
And don’t be surprised if companies increase prices – quickly.
Here is what business leaders say.
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