Top IKEA retailer says in Davos that tariffs could drive prices higher

DAVOS, Switzerland: Trade tariffs could lead to higher prices for consumers, according to Jesper Brodin, CEO of Ingka Group, the largest global IKEA franchisee, speaking at the World Economic Forum in Davos.

"We and I think probably all international companies, thrive from harmonized tariffs if you like, and actually, the fewer, the better. At the end of the day, there is a risk in any country with tariffs that y