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Six Out of Ten U.S. CEOs See Trump's Tariffs Helping

  • UBS survey shows more respondents are positive on trade impact
  • BofA sees ‘upside’ as many firms already baked in tariff hike
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U.S. Said to Weigh 60-Day Extension for China Tariff Deadline
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With the U.S. and China starting a fresh round of trade talks this week, a new survey showed more American executives see their businesses gaining from a potential increase in tariffs than being hurt by it.

About 59 percent of some 500 firms said they expected profits to benefit should tariffs on imports rise, more than double those who saw a negative impact, according to a UBS Group AG survey released this month. An increase in domestic investment was listed as one key area of advantage should the cost of doing businesses abroad grow.