International companies are restructuring their supply chains and expanding operations in the US to mitigate the effects of Donald Trump's planned tariffs. Executives from major firms like LVMH and Shell express optimism about the US business environment, citing lower taxes, energy costs, and growth potential. This trend signifies a shift towards regionalization of production, with companies seeking to source goods closer to their key markets.
International companies are overhauling their supply chains and boosting their presence in the US to align themselves with Donald Trump’s nationalist economic agenda and minimise the impact of his planned tariffs. As the US president prepares to levy duties on imports as soon as this weekend, top executives from Europe and beyond, including LVMH’s Bernard Arnault and Shell’s Wael Sawan, say they expect to invest more in the US.
In an FT article, Christine Lagarde and Ursula von der Leyen, presidents of the European Central Bank and European Commission, warned regulation was an obstacle to investment, adding “we need to make doing business in Europe cheaper, especially in terms of energy costs”. The threat of US tariffs is also spurring a rebalancing of investments, according to executives and bankers, in an effort that spans sectors.
ECONOMY TARIFFS SUPPLY CHAINS INVESTMENTS US
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