Global bizs rethink strategy, investments as costs, tariffs up: HSBC
Hit by rising costs, supply chain disruptions, tariffs and shifting trade policies, global businesses are rethinking their strategy and planned investments, an HSBC survey found. Businesses expect an average 18-per cent drop in revenues due to supply chain delays. Despite headwinds, optimism about expanding trade is strong, while 78 cent of firms is rethinking long-term business model.
Hit by rising costs, supply chain disruptions, tariffs and shifting trade policies, global businesses are rethinking their strategy and planned investments, an HSBC survey found.
Businesses expect an average 18-per cent drop in revenues due to supply chain delays.
Despite headwinds, optimism about expanding trade is strong, while 78 cent of firms is rethinking long-term business model.
