{"id":209612,"date":"2025-04-27T23:34:35","date_gmt":"2025-04-27T23:34:35","guid":{"rendered":"https:\/\/peraltafinancing.com\/business\/finance\/tariff-whats-that-this-ceo-says-tariff-uncertainty-is-actually-good-for-his-business\/"},"modified":"2025-04-27T23:34:35","modified_gmt":"2025-04-27T23:34:35","slug":"tariff-whats-that-this-ceo-says-tariff-uncertainty-is-actually-good-for-his-business","status":"publish","type":"post","link":"https:\/\/fivemor.com\/?p=209612","title":{"rendered":"\u2018Tariff? What\u2019s That?\u2019: This CEO Says Tariff Uncertainty Is Actually Good For His Business"},"content":{"rendered":"<p> <br \/>\n<br \/><img decoding=\"async\" src=\"https:\/\/cdn.benzinga.com\/files\/images\/story\/2025\/04\/27\/Berlin--Germany---July-11-2022-wework-Lo.jpeg?optimize=medium&amp;dpr=1&amp;auto=webp&amp;height=675&amp;width=1200&amp;fit=crop\" \/><\/p>\n<div id=\"article-body\" itemprop=\"articleBody\" itemscope=\"\" itemtype=\"https:\/\/schema.org\/Article\">\n<div>\n<p><strong>John Santora<\/strong>, the CEO of\u00a0WeWork, has revealed that the current economic uncertainty due to tariffs is driving an increase in\u00a0business for the coworking space\u00a0company.<\/p>\n<p><strong>What Happened<\/strong>: Speaking\u00a0at a recent summit, Santora highlighted the reluctance of companies to commit to long-term leases amidst the prevailing tariff uncertainty.<\/p>\n<p>During the summit, he <a href=\"https:\/\/www.youtube.com\/watch?v=rfW-nEDvWuQ\">pointed<\/a> out that many businesses are holding back their investments to assess the potential impact of tariffs on their operations. This has led to WeWork witnessing a surge in lease extensions from existing clients and growing interest from new companies in their short-term leasing options.<\/p>\n<p>\u201cSo if we look at it and just take today\u2019s environment with all the uncertainty around tariffs and what\u2019s happening, who\u2019s prepared to commit to a 10- or a 15-year lease with $50 or $100 million spend?\u201d he said. <\/p>\n<p>Also Read: <a href=\"https:\/\/www.benzinga.com\/news\/25\/04\/44890923\/mark-cuban-sounds-alarm-over-impact-of-trumps-tariff-war-people-could-die\">Mark Cuban Sounds Alarm Over Impact of Trump\u2019s Tariff War: \u2018People Could Die\u2019<\/a><\/p>\n<p>Speaking with Bloomberg, Santora further underscored the role of WeWork in offering flexibility to its clients during these uncertain times. He also suggested that the return-to-office mandates could potentially fuel WeWork\u2019s business, as companies wrestle with the unpredictability of future office attendance.<\/p>\n<p>\u201cYou have to think about it. You have to think whether or not to invest that major capital in a market, at least through this short term. You have to step back,\u201d he <a href=\"https:\/\/www.bloomberg.com\/news\/audio\/2025-04-25\/bloomberg-talks-wework-ceo-john-santora-podcast?\">said<\/a>. <\/p>\n<p><strong>Why It Matters<\/strong>: WeWork\u2019s business boost comes at a crucial time for the company, which went public through a SPAC in 2021 and\u00a0filed for Chapter 11 bankruptcy\u00a0in 2023. <\/p>\n<p>The company\u2019s ability to capitalize on the current economic uncertainty and adapt its business model to cater to the changing needs of its clients could be key to its recovery and future growth. <\/p>\n<p>However, WeWork declined to comment further on this matter.<\/p>\n<p>Read Next<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/news\/global\/25\/02\/43423781\/trumps-trade-tariffs-to-close-e-commerce-loophole-favoring-chinese-online-retailers\">Trump\u2019s Trade Tariffs to Close E-Commerce Loophole Favoring Chinese Online Retailers<\/a><\/p>\n<p>Image: Shutterstock\/aushilfe444<\/p>\n<\/div>\n<p class=\"block core-block\"><em>This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.<\/em><\/p>\n<p><a class=\"text-sm my-4\" href=\"https:\/\/www.benzinga.com\/apis?utm_source=benzinga.com&amp;utm_campaign=article-bottom\" rel=\"noreferrer\" target=\"_blank\">Market News and Data brought to you by Benzinga APIs<\/a><\/p>\n<p class=\"copyright\">\u00a9 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.<\/p>\n<\/div>\n\n","protected":false},"excerpt":{"rendered":"<p>John Santora, the CEO of\u00a0WeWork, has revealed that the current economic uncertainty due to tariffs is driving an increase in\u00a0business for the coworking space\u00a0company. What Happened: Speaking\u00a0at a recent summit, Santora highlighted the reluctance of companies to commit to long-term leases amidst the prevailing tariff uncertainty. During the summit, he pointed out that many businesses [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":209613,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[93],"tags":[907,11527,1416,11677,21083,5614],"dealstore":[],"offerexpiration":[],"class_list":["post-209612","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance","tag-business","tag-ceo","tag-good","tag-tariff","tag-uncertainty","tag-whats"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>\u2018Tariff? 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