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Companies Getting ‘A Bit Tired’ Of Tariff Chaos Says DHL CEO
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April 14, 2025
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9:07Now PlayingFatigue is setting in among companies and manufacturers trying to navigate President Donald Trump’s whipsawing tariff moves, according to DHL Group Chief Executive Officer Tobias Meyer.
Meyer, head of one of the world’s biggest logistics companies, warned companies and people are getting “a bit tired” with the constantly shifting announcements.
“They don’t know, even if something is announced, whether two days later it’s not changed again,” Meyer said in an interview on Bloomberg Television. “You really see some fatigue of decision makers in manufacturing and also in the distribution sector.”
Meyer said the higher duties would be “an additional burden on the US consumer,” irrespective of whether the pain is offset by other money-saving measures. US officials have spoken of raising between $300 billion to $600 billion from the tariffs, while Trump has pledged tax cuts.
Corporations and manufacturers are weighing where to place production or worrying about product launches, Meyer said. Customers are opting to wait to make decisions until Trump’s tariff decisions are decided.
eyer is visiting Singapore as the global logistics giant opened a new €10 million ($11 million) pharmaceutical hub in the city-state. The facility forms part of a broader €500 million regional investment in life sciences and healthcare infrastructure to bolster all of its business units.
DHL is also in the crosshairs of Washington’s ever-changing trade and tariff policies, like its carriage of small-parcel that the US now wants to impose duties on. The US ended the so-called “de minimis” exemption, beginning with China, that generally means parcels worth $800 or less don’t face duties.
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