Nike, Ford caught in Trump's trade overhaul
Companies forced to rethink supply chains and capital investments in a new era of protectionist policies
Add BT as a preferred source
New York
SNEAKER producers, carmakers and retail giants are facing tumult in their international operations as President Donald Trump pushes ahead with a dramatic overhaul of US trade policy.
His decision not to join the Trans-Pacific Partnership (TPP) and pledge to renegotiate the North American Free Trade Agreement (Nafta) are forcing companies to rethink supply chains and capital investments in a new era of protectionist policies. Mr Trump's moves weigh heavily on importers such as Nike Inc and Ford Motor Co as he seeks to boost domestic manufacturing and create jobs.
TRENDING NOW
Koh Brothers Eco Engineering faces up to S$57.6 million in potential legal liabilities
Too little, too late? Manila’s billion-dollar bid to ignite its sputtering EV industry
When every phone becomes a satellite phone, what happens to Asia’s telcos?
Father-and-son duo Raj Kumar and Kishin in exclusive due diligence to buy Scotts Square
