Companies warn of more pain as Trump tariff threats escalate By Reuters
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 12 2025
0mins
Source: Investing.com
Impact of U.S. Tariffs: Ahold Delhaize and Siemens Energy are anticipating price increases due to new U.S. tariffs on aluminum and steel, with the supermarket group considering alternative sourcing options to mitigate costs.
European Response and Concerns: European steelmakers are urging the EU to retaliate against potential U.S. tariffs, fearing a surge in cheap steel imports, while trade ministers prepare to discuss their strategy in response to these developments.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
