Kuehne + Nagel International AG

KNIN: XSWX (CHE)
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Trump’s Tariff Announcement Sends DSV and Kuehne+Nagel Shares Lower; We Think It Is an Overreaction

President Donald Trump announced sweeping tariffs on all imports and additional levies on major trading partners, sending shares of freight forwarders DSV and Kuehne+Nagel down 6% and 8%, respectively, in early trading.

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