Darling Ingredients (DAR) said Monday it has minimal exposure to exports affected by the tariffs announced by the Trump administration, including to China.
The company said the "vast majority" of the ingredients it produces in the US are used domestically, and added that it is making adjustments to maintain and protect its margins.
"We expect global trade flows to adjust and normalize over time," the company said in a statement. "With our strong international footprint and market agility, Darling Ingredients remains well positioned to navigate shifts in trade policy and continue delivering value to customers and stakeholders."
Shares of Darling Ingredients were down more than 4% in recent trading.
Price: 28.02, Change: -1.20, Percent Change: -4.11
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