Factbox-US executives weigh risks from proposed Trump tariffs

US President-elect Donald Trump attends a meeting with House Republicans at the Hyatt Regency hotel in Washington · Reuters

(Reuters) - Top executives at many U.S. companies are preparing for the impact from President-elect Donald Trump fulfilling his campaign promise of raising tariffs, a move that could disrupt supply chains and worsen inflationary pressures.

Here is what major companies and C-suite executives have said on tariffs:

Company Commentary

Tesla July 23 "... It doesn't make sense to invest a

lot in Mexico if (heavy tariffs are

imposed on vehicles produced in the

country)," said CEO Elon Musk.

Dollar Sept. 4 "... We have long-standing contingency

Tree plans to diversify our supply chain in

a timely and cost-effective manner. We

also have the flexibility to adjust

product specs and price points to

address any changes in the market,"

said Chief Operating Officer Mike

Creedon, who has now become the

interim CEO.

KKR Oct. 24 "We spend most of our time here

focusing on things that we can

control. That's (tariffs) not one of

them," said CFO Robert Lewin.

Zebra Oct. 29 "The team is actively working on

Technolo mitigation plans for some of the new

gies tariffs that are coming into place.

And we continue to actively work with

our supply chain partners," said CFO

Nathan Winters.

Elf Nov. 6 "We certainly have run a number of

beauty scenarios for potential tariffs. It's

still too early to tell what level

those may come in, but we have a

playbook and we have a number of

levers at our disposal," said CFO

Mandy Fields.

Axon Nov. 7 "We've certainly lived in an

environment of tariffs before. And so

our philosophy is generally to be

pretty flexible," said CFO Brittany

Bagley.

IFF Nov. 6 "Those tariffs could actually

intuitively be advantageous to our

overall business broadly," said Chief

Financial and Business Transformation

Officer Glenn Richter.

Under Nov. 7 "It will be interesting to see how

Armour things develop with whether we still

have a split Congress or not," said

CFO David Bergman.

Steven Nov. 7 "We have been planning for a potential

Madden scenario in which we would have to

move goods out of China more quickly.

We've worked hard over a multi-year

period to develop our factory base and

our sourcing capability in alternative

countries like Cambodia, Vietnam,

Mexico, Brazil, et cetera," said CEO

Edward Rosenfeld.

"You should expect to see the

percentage of goods that we source

from China to begin to come down more

rapidly going forward."

Tapestry Nov. 7 "Tariff regime is changing over time.

So, we're pretty well-versed in

managing through this," said CFO Scott