Ahead of the wide-ranging tariffs expected from the second administration under President-elect Donald Trump, business executives say they’re planning to make modifications to their supply chains to minimize the risk of disruption and the effect on cost.
According to a new poll from The Conference Board, 71% of U.S. CEOs are planning to shake up their supply chains in the next three to five years or are already in the process of doing so. That’s up from 54% who said the same just last year.
Across the Atlantic, the survey found the share is even greater, with 77% of European CEOs planning to adjust their supply chains — up 16 percentage points from 2024.
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