McKinsey & Company
global management consulting firm
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business Mar 20, 2026, 1:00 AM
China boosts exports of intermediate goods while US diversifies sourcing - Trade between the U.S. and China declined by 30% last year due to tariffs.
- China is focusing on emerging economies for cheaper machinery instead of finished goods.
- This restructuring of trade is expected to have long-lasting effects despite fluctuating tariffs.
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business Nov 24, 2025, 1:00 AM
Levi's CEO admits tariffs are unbearable amidst trade turmoil - The U.S. tariffs on apparel and footwear imports increased dramatically, reaching a weighted average of 36%, significantly impacting the industry.
- Levi Strauss & Co. has taken measures to mitigate the effects of these tariffs by leveraging its international business structure.
- Michelle Gass emphasized that companies can only absorb a limited amount of tariff costs, highlighting the critical need for agility in the industry.
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2026 All rights reserved
2026 All rights reserved