How are businesses navigating the market mayhem?

The US administration’s ‘Liberation Day’ measures have impacted global exporters, with many companies now expecting declines and longer payment terms. In a bid to reduce the impact of tariffs, businesses are diversifying their operations and supply chains, with over half considering relocation. One-third of companies have found new markets to be active in, with others planning to follow suit. The go-to strategy to manage these measures appears to be price rises for customers. Although the recently agreed US-China deal has reduced tariffs, the latter still faces higher tariffs than they did during...