There has been a lot of talk lately about tariffs and the impact that they will have on global trade and our economy.
CEOs and business leaders are starting to come out with their opinions. The discussion is fascinating to listen too as leaders debate important policy decisions that directly impact their stock price and the bottom line.
Yesterday legendary FedEx CEO, Mr. Fred Smith, opined on the impact of the President’s proposed tariffs during FedEx’s Q3 results conference call. It’s safe to say that Mr. Smith supports free trade.
The specific discussion is at 27:30 into the webcast where Mr. Smith shares his views on free trade and a few suggestions that the US Govt should consider. He has the listener type “Tariff” into google and then shares his thoughts on free trade.
One thing is for sure. The issue is going to continue to be interesting.
Link: http://investors.fedex.com/news-and-events/webcasts-and-presentations/default.aspx