US Democratic win unlikely to ease firms' cost, tariff woes in near term, executives say
· economictimes.indiatimes.com
Global businesses expect limited immediate changes following Democrats' takeover of the US Congress, as high energy and raw material costs, inflation and strained consumer spending continue to weigh on operations. While some executives welcomed prospects of political stability, companies remain uncertain about tariffs, AI regulation and trade policies, amid fears of Washington gridlock.
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