Germany's ZF expects to hike prices to cover U.S. tariffs on Mexican imports

FRANKFURT, Feb 3 (Reuters) - Germany's ZF [RIC:RIC:ZFF.UL], a major auto supplier exporting from Mexico to the United States, said on Monday it expected to pass at least some of the cost of tariffs imposed by Donald Trump on Mexican imports onto consumers via higher prices.

"No company in the supply chain can afford to absorb these cost increases," a spokesperson said to Reuters, adding talks were ongoing with U.S. customers over how to mitigate the impact.