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TECHTRONIC IND Confident in Adapting to Potential New Tariffs Imposed by Trump Administration
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TECHTRONIC IND (00669.HK) announced that, given the recent announcements regarding potential 25% tariffs on Mexico and Canada, and 10% tariffs on China, the company reaffirmed its commitment to growth and resilience, positioning the company to adapt confidently to the potential new tariffs announced by the Trump administration. Based on the above-mentioned tariff scenario that has since been delayed by one month for Mexico and Canada, the company estimates an immaterial impact to results in 2025, after factoring in the company’s mitigation efforts and potential further actions. AAStocks Financial News |
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