McKinsey’s clients rethinking US assets


McKinsey & Co global managing partner Bob Sternfels. — Bloomberg

WASHINGTON: Companies are giving more consideration to opportunities outside the United States because of policy upheaval under the Trump administration, said McKinsey & Co global managing partner Bob Sternfels.

Business leaders are concerned about being “vulnerable” to tariffs and other shifts to US economic and geopolitical positions, Sternfels said on Tuesday at an event hosted by the Boston College Chief Executives Club, citing conversations with the consulting firm’s clients.

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