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Former Home Depot CEO Bob Nardelli discusses the fears of trade after meeting with President Donald Trump’s great retailers.
The President Donald Trump has a “monumental task” as it seems to balance the global supply chain – the General Director General of the former House of DEPO Bob Nardelli said that the years of globalization and change could get two decades or more to feel the effect of globalization and change.
“He was probably taken on the most difficult and difficult initiative in the history of our world,” Business leader Tuesday “Fox & Friends.”
“Trying to balance the global supply chain – a complex task – a level of complexity, relations with countries … We have prepared a Toto plaque to keep up with the rate of change. Put the number and boom, rolled. “
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Bob Nardelli, CEO of the XLR-8 LLC, listens during a television interview. (Kristofher Guewney / Bloomberg, Getty Images / Via Getty Images)
“We now know that we are exposed to us The cost of tariffs“Continued.
One of the Nardelli companies is dealing with parts of sources from 60 countries to build air frames.
He also noted the deep globalization, which is involved in gathering an internal combustion engine built of the worldwide components.
US President Donald Trump speaks at a cabinet meeting in the White House on April 10, 2025, DC in Washington. (Anna MoneyMaker / Getty Images / Getty Images)
“The number of components entering the house warehouse, target, Lowe in retail, it will take a while to be reverse for this globalization for two decades or more.
Nardelli’s comments came after meeting with Trump Great named USA retailers Monday and ongoing Trade Fear Rattle Wall Street.
The president’s trade policy is actively reconstructed in the restructuring of how and where the goods are established and the relocation of the world with the main goal of production and the relocation of the United States in all parts of the world.
Nardelli said that some consumers were afraid of higher prices that driving to buy before the shock of the label, could offer a bump in the general GDP.
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Home court staff rep. Tom Tiffany, R-Wis.
For example, consumers can be purchased at the past, but in the past, with the work of chrysler in difficult economic periods, Nardelli will move to cars used – says that consumers will manage the costs of such vehicles. Other consumers will keep cars and the action will benefit the automatic parts industry.
“We are very harmonized as a consumption base,” said nardelli.
“Some sacrifices will be made, but if it draws this, this management is the most common and probably one of the positive initiatives.”