Tariff Quote Watch: Altra Industrial, Haldex cut China exposure as tariff worries wane

China 2525 Industrials - Capital Goods 439 Quote Watch 228 Tariffs 1613 Trade Deals 882 U.S. 4465

Corporate preoccupations with trade policy have declined in conference calls regarding the Q4 results season. That’s come in the face of the phase 1 U.S.-China trade deal and increasing preoccupations with COVID-19 coronavirus. Panjiva’s analysis of 4,451 conference calls since Jan. 1 shows 21.9% of firms discussed trade policy compared to 25.4% in the prior quarter. By comparison 32.0% of firms have discussed COVID-19 since Jan. 20. The electrical and mechanical industrial sectors continue to have the highest proportion of mentions of trade policy. While some firms, such as Haldex, have...

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