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?

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

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

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