Lanxess' Chairman Says The Co Is In A Good Position As Far As US Market Concerned -Conf Call
I'm PortAI, I can summarize articles.
LANXESS AG's Chairman stated in a conference call that the company is well-positioned in the US market, noting that many products are exempt from recent US administration tariffs. He anticipates benefits in the coming months, with products previously sold in the US now shifting to Latin America and the EU. The overall impact is seen as neutral to slightly positive, although the indirect effects on the global economy could be significant but are difficult to quantify. The company is actively analyzing the effects of tariffs on its production chains.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Reuters The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments