DAVOS, Switzerland (Reuters) – For spending plan furnishings store IKEA, the less profession tolls there are the far better, the chief executive officer of Ingka Group, the most significant international IKEA franchisee, informed Reuters on Monday as organizations support for greater united state tolls under President Donald Trump.
“We, and I think probably all international companies thrive from harmonised tariffs, if you like, and actually, the less the better because at the end of the day there is a risk in any country with tariffs that you need to, as a company, pass it on to the customers,” stated Jesper Brodin, talking on the sidelines of the World Economic Forum (WEF) yearly conference in Davos, Switzerland.
(Reporting by Divya Chowdhury in Davos and Helen Reid in London; Editing by Toby Chopra)