Exclusive: As tariffs loom, Gillette-razor maker P&G sourcing more steel from India
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Procter & Gamble (P&G) is adjusting its supply chain by sourcing more stainless steel for its Gillette razors from India. This strategic move aims to protect its margins against potential tariffs that may be imposed by U.S. President-Elect Donald Trump.
December 05, 2024 | 11:30 am
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Procter & Gamble is sourcing more stainless steel from India for its Gillette razors to mitigate the impact of potential U.S. tariffs, aiming to protect its profit margins.
By sourcing steel from India, P&G is proactively managing its supply chain to avoid cost increases from potential tariffs. This move is likely to protect its margins, which is positive for its stock price.
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