European companies take evasive action as Trump tariffs hit, brace for second wave [Yahoo! Finance Canada]
CONTL AG S/ADR (CTTAY)
NASDAQ:AMEX Investor Relations:
continental-corporation.com/en/investors/overview
Company Research
Source: Yahoo! Finance Canada
3 min read By Adam Jourdan, John Revill, Victoria Waldersee and Giselda Vagnoni LONDON (Reuters) - European companies, from Swiss chocolatiers to German car parts makers, are preparing their 'plan Bs' to adapt to U.S. trade tariffs that became a blunt reality on Tuesday, with a second barrage specifically targeting the region expected next month. U.S. President Donald Trump imposed hefty 25% tariffs on imports from Mexico and Canada, along with a doubling of duties on Chinese goods to 20%, moves which could upend nearly $2.2 trillion in two-way annual U.S. trade. European companies are caught in the middle for now, but face the prospect of a second barrage of tariffs targeting the bloc in April, with Trump having floated a
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Analyst Actions
- 1/15/25 - KEPLER CHEUVREUX