Tariffs Are Not Easy to Mitigate, Says Philips CEO

The transcript discusses the mixed results of a business's third quarter, highlighting a 6% revenue growth but challenges in the connected care sector due to trade tariffs. The potential impact of the US-China trade deal is explored, with a focus on mitigation strategies and future outlook. The business's growth in China is noted, despite economic slowdowns. The transcript concludes with a discussion on potential trade war scenarios and their impact on consumers.

How is the repositioning of Phillips as a health technology company impacting its business in China?

What are the potential consequences for consumers if the trade war escalates?

What measures are being taken to avoid passing on price increases to customers?