Tariff Quote Watch: ThyssenKrupp Lifts Fall on U.S. Duties on China Parts and Metals — Panjiva
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Tariff Quote Watch: ThyssenKrupp Lifts Fall on U.S. Duties on China Parts and Metals

China 1758 European Union 406 Industrials - Capital Goods 265 Materials - Metals/Mining 482 Metals - Aluminum 159 Metals - Steel 360 Tariff Quote Watch 91 Tariffs 1169 U.S. 3297

ThyssenKrupp has blamed the underperformance of its elevators business in 4Q, and its outlook for 2019, “in particular (in the U.S.) owing to tariffs on material imports”. The firm faces duties on imports to the U.S. of components from China, which while accounting for just 6.5% of seaborne shipments to the U.S. in 2018 had already fallen by 27.0% year over year in January. ThyssenKrupp also faces import duties on its shipments of steel and aluminum to the U.S. Those have been led by imports from the EU, which accounted for 66.9% of ThyssenKrupp’s total steel and alumin...

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