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KM Financial Solutions | UPDATE 1-GE CEO says China tariffs’ ‘gross cost’ could be $400 mln
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UPDATE 1-GE CEO says China tariffs’ ‘gross cost’ could be $400 mln

19 Jul UPDATE 1-GE CEO says China tariffs’ ‘gross cost’ could be $400 mln

Posted at 15:32h in News by
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General Electric Co, a
major buyer of Chinese goods, estimates new tariffs on its
imports from China could raise its costs by $300 million to $400
million overall before steps to lessen the impact, Chief
Executive John Flannery said on Friday.

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