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PepsiCo CEO on Trump tariffs, road ahead for business

The article from AOL Finance discusses PepsiCo CEO Ramon Laguarta's perspective on the U.S.-China trade war and its implications for his company. Laguarta expressed concerns over the unpredictability of the trade environment due to the ongoing tariffs, which he described as a "road bump" rather than a long-term issue. He highlighted that while PepsiCo has not yet seen significant impacts from the tariffs, the uncertainty makes long-term planning challenging. Laguarta also mentioned that PepsiCo is actively working to mitigate potential effects by diversifying its supply chain and exploring alternative sourcing options. He remains optimistic about the future, suggesting that the trade tensions might eventually lead to a more balanced global trade system. However, he emphasized the need for a resolution to provide stability for businesses like PepsiCo that operate on a global scale.

Read the Full AOL Article at:
[ https://www.aol.com/finance/pepsico-ceo-trump-tariffs-road-135423392.html ]