Lenovo CFO Winston Cheng Addresses Impact of Trump's Tariffs on Company Operations

On April 10, 2025, Lenovo Group's Chief Financial Officer, Winston Cheng, publicly addressed the implications of President Donald Trump's recent tariff increases on Chinese imports, which now total 145%. In an interview with CNBC, Cheng emphasized Lenovo's preparedness to navigate these trade challenges, highlighting the company's diversified global manufacturing and supply chain operations. He noted that Lenovo's production facilities across various countries, including the U.S., Mexico, and India, provide the flexibility to adapt to shifting trade policies and mitigate potential disruptions.

Lenovo's strategic global footprint allows it to reallocate manufacturing resources efficiently, reducing reliance on any single market and minimizing the impact of tariffs. This approach not only safeguards the company's profitability but also ensures continuity in meeting customer demands worldwide. Cheng's comments reflect Lenovo's commitment to resilience and adaptability in the face of evolving international trade dynamics.

In conclusion, Lenovo's proactive measures and diversified operations position the company to effectively manage the challenges posed by the new tariffs. By leveraging its global manufacturing network and supply chain flexibility, Lenovo aims to maintain its market competitiveness and continue delivering value to its customers and stakeholders amid the evolving trade landscape.