Siemens AG

SIE: XETR (DEU)

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EU Electrical Equipment Suppliers Are Mostly Shielded From Latest US Tariffs; Schneider Is Appealing

Matthew Donen

Apr 3, 2025

The US government has imposed a 20% tariff on European goods, sending equity markets down. Shares of European electrical equipment suppliers are trading 5% lower. Importantly, the United States-Mexico-Canada Agreement signed by President Donald Trump during his first term remains intact.

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Siemens AG

EU Electrical Equipment Suppliers Are Mostly Shielded From Latest US Tariffs; Schneider Is Appealing

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