President Trump's tariffs aimed at reducing the $1.2 trillion trade deficit have resulted in notable disruptions across financial markets. While the consultancy sector has largely avoided direct impacts, firms like PwC and McKinsey are experiencing heightened demand for their expertise. Leaders from these firms report an increase in client inquiries related to tariff implications and trade strategy adjustments. Consulting services are being called upon to help organizations analyze shifting trade dynamics and manage rising operational costs, particularly in the manufacturing and consumer sectors which are directly affected by these tariffs.
President Donald Trump's tariffs have had significant impacts on financial markets, prompting businesses to prepare for financial challenges and leaving consulting firms well-placed to assist companies in navigating these complexities.
Consultancies like McKinsey and PwC have reported increased demand for their advisory services from clients seeking help to tackle the multifaceted challenges posed by the new tariffs.
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