Trade tariffs make it harder to keep prices low, IKEA executive says
CONSHOHOCKEN, Pennsylvania: Trade tariffs proposed by U.S. President-elect Donald Trump could make it more difficult for IKEA to maintain its reputation for affordable prices, according to Ingka Group CFO Juvencio Maeztu.
Speaking to Reuters this week, Maeztu highlighted the potential impact of Trump's pledged tariffs on imports from key trading partners Canada, Mexico, and China. These plans have raised concern