Tariff "boomerang" hits American companies! HSBC: Over half of enterprises' revenues will be impacted by at least 25%
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HSBC's survey shows that more than half of American companies expect their revenues to be impacted by at least 25%, and about a quarter of American companies predict that revenues will decline by more than half in the next two years. In addition, the surveyed companies are planning to reshape their supply chains, seek new markets, or change their business models from a focus on cost minimization to one centered on resilience
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