IMPRO PRECISION (01286): US Additional Tariffs Impact Lower Than Expected as Most American Clients Agree to Share Extra Costs
Stock News
Sep 09
IMPRO PRECISION (01286) announced that regarding the impact of US additional tariffs on the group's business and operations, the effect of the additional tariffs has not been as extensive as previously disclosed. This is attributed to several factors: the majority of the group's US customers have agreed to bear all or most of the recently imposed additional tariffs, while some product codes that were previously included in the new tariff list have been confirmed to be exempt from additional tariffs due to the absence of steel and aluminum components. Furthermore, the company will continue to closely monitor developments and will take appropriate measures when necessary to minimize the impact of additional tariffs on the group's business and operations.
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