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Stock impact report

Rolls-Royce explores shifting engine-making to US to counter Trump tariffs [Yahoo! Finance]

Lockheed Martin Corporation (LMT) 
Last lockheed martin corporation earnings: 4/21 07:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
The UK engineering giant is drawing up emergency contingency plans to lessen the impact of tariffs, which is likely to involve hiring more US workers and expanding its North American operations. Bosses are racing to complete a review after the US president slapped levies on Canada, China and Mexico , while also issuing threats against the UK and Europe. To avoid the most damaging effects of the trade war, Rolls is exploring how much production can be transferred from the targeted countries to the US, where it employs 6,000 workers across 11 sites. This will allow Rolls to take on more new work without being subject to tariffs. Rolls warned investors earlier this month about the impact of “rising protectionism”, which has been brought abou Read more
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