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@ Layer3.news
2025-03-01 09:32:33
nostr:nprofile1qy3hwumn8ghj7un9d3shjtt5v4ehgmn9wshxkwrn9ekxz7t9wgejumn9waesqgr8g2hyzql5lt4cxfjdj40hgtu6vydvsqvsesqy8canygcce3lwvyyapkyy
UK CHIP PARTS SUPPLIER MORGAN ADVANCED FLAGS REVENUE HIT AS TRADE TARIFF WOES HIT DEMAND
https://media.zenfs.com/en/reuters-finance.com/6a4d4d951f5f19cd332dbeb88da4c911
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✍️ Morgan Advanced Materials, a semiconductor parts supplier, forecasts a drop in organic revenue due to uncertain demand, partly caused by US President Donald Trump's tariff threats.
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👉 Morgan Advanced Materials forecasts a drop in organic revenue due to uncertain demand
👉 Uncertainty is partly caused by US President Donald Trump's tariff threats
👉 The company has manufacturing plants in the US, Mexico, Canada, and China
👉 The company is prepared to consider alternative locations to mitigate the effects of US tariffs
👉 Revenue has slowed due to weakening demand for electric vehicles
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#DonaldTrump #RaechelThankamJob #SavioD'Souza #US #Mexico #Canada #China #business
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