Pharma Giant Merck Is Planning for a Brexit Supply Blackout
- Drugmaker Merck may stockpile six months worth of goods
- Clarks shoes, Hut Group plan EU sites to avoid trade barriers
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Companies facing the potential threat of tariffs and other trade barriers after Brexit are stepping up contingency planning, with some retailers creating new sites in continental Europe to avoid snags.
U.S. pharmaceutical giant Merck & Co. is planning for the possibility of a temporary supply blackout when the U.K. leaves the European Union and may stockpile as much as six months worth of goods and revise trade routes in preparation, according to a person familiar with the matter.