"I don't think anybody's surprised," TD Cowen analyst Oliver Chen told Business Insider. "The probability factor was high for either side." This reflects on the expected implications of Trump's victory.
Bark Box CEO Matt Meeker called the reelection of Donald Trump "a bit of Groundhog Day for us." This statement emphasizes the cyclical nature of trade uncertainties and their impact on business.
Many companies were already exploring alternatives to their reliance on China by finding partners in other Asian countries, or by "near-shoring" production to the Americas.
Executives have also touted the agility of their current strategies, indicating a proactive approach among some companies in anticipation of potential trade changes under Trump's administration.
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