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Stock impact report

Trump's win is already scrambling supply chains [Business Insider]

Premier, Inc. - Class A (PINC) 
Last premier, inc. - class a earnings: 2/4 07:00 am Check Earnings Report
While many firms are waiting to see what Trump's trade policies will be, some are moving ahead. From medical supplies to consumer products, several companies are getting an early start to changing their supply chains. Last week's electoral victory of Donald Trump is having an immediate effect on global supply chains, with several companies publicly discussing production changes they've made ahead of his return to the White House. During the campaign, Trump vowed to enact sweeping trade restrictions ranging from across-the-board import duties to increasing the cost of goods from China through tariffs as high as 60% to 100%. The wide range of possible outcomes has many firms waiting to see what the actual trade policies will be before enacting a final plan. Others are already moving ahead with elements of their supply chain strategy. "I don't think anybody's surprised," TD Cowen analyst Oliver Chen told Business Insider. "The probability factor was high for either side." Fu Show less Read more
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