Swiss chemicals maker Sika "relaxed" about Trump tariffs
ReutersFeb 21, 2025 9:27 AM
ZURICH, Feb 21 (Reuters) - Swiss construction chemicals company Sika SIKA.S is "rather relaxed" about any U.S. tariffs imposed by President Donald Trump and the effect they could have on its business, Chief Executive Thomas Hasler said on Friday.
"There may be an impact from tariffs for some, but on us, it's rather limited - we decentralised our supply chain many years ago," Hasler said after the Swiss company reported better-than-expected full-year profit.
"The U.S. is our largest single country with over 40 plants, so we are self-sufficient, and therefore I would say we are rather relaxed," he told Reuters.
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