
Trump Tariffs Hampering Investment Enthusiasm, Warns Suntory CEO
In a recent statement that echoes concerns within the global business community, Suntory Holdings Limited’s CEO, Tak Niinami, highlighted the detrimental impact of Trump-era tariffs on investment appetites. Speaking at a conference on corporate strategies and market forecasts, Niinami claimed that the imposition of these tariffs has created substantial uncertainty, which in turn discourages companies from pursuing new investments.
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Suntory Plans Strategic Shift to Japan and Asia Amid US Tariff Challenges
In a bold move to navigate the ongoing trade tensions between the United States and other economic powerhouses, Suntory Holdings, the renowned Japanese beverage giant, is considering a significant realignment of its operations. This potential shift is seen as a proactive measure to counteract tariffs imposed by the US on various imports, which have been adversely affecting profit margins. The company is reportedly evaluating the feasibility of reallocating some of its production and distribution capabilities to more favorable locations within Asia and back to its home base in Japan.
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