Snap-on CEO Pinchuk Talks Trade Policy, The Future Of Manufacturing

With international trade policy and tariffs on imported goods making business news headlines seemingly every week, U.S. manufacturers keep plugging away, as they don’t have the luxury of waiting to see how things shake out in the long term.

But Snap-on Inc. CEO Nick Pinchuk told Chief Executive that U.S. manufacturers are used to a shifting playing field, where variables such as shifting international currency values are par for the course.

“We’re constantly having to adjust our view of the world based on those currencies, what we can sell for and what our costs are going to be versus what our customers are going to pay. And that’s just business as usual,” Pinchuk says. “So I don’t think the current situation is riskier than it was, say, a year ago before the tax law changed.”

https://chiefexecutive.net/snap-on-ceo-pinchuk-talks-trade-policy-the-future-of-manufacturing/