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Trump's proposed tariffs will lead to higher global inflation, Siemens CEO says
Roland Busch, CEO of Siemens, says President-elect Donald Trump's proposed tariffs are set to push up inflation and lead to higher global prices, although he doesn't expect a direct hit to his business.
Why Trump's tariff proposals have some business owners worried
President-elect Donald Trump campaigned on implementing a blanket tariff of 10% to 20% on all imports, along with an additional 60% or more on goods from China.
Businesses brace for Trump's proposed tariff hikes
President-elect Donald Trump campaigned on raising tariffs -- especially on products from China -- as a way to boost manufacturing in the U.S. Carter Evans met a California business owner who's worried about the impact the tariffs could have if enacted.
How the business world is reacting to Trump's tariffs plan
President-elect Donald Trump has proposed enacting sweeping economic tariffs during his second term. Many business leaders have already come out in opposition to tariffs, arguing they could raise prices on consumers.
1d
on MSN
Siemens to cut up to 5,000 jobs in automation business after downturn
Siemens could cut up to 5,000 jobs worldwide in its struggling factory automation business, Chief Executive Roland Busch said ...
7h
Siemens Plans To Fire 5000 Employees From Factory Automation Division
Siemens, the German tech giant, is reportedly planning to cut up to 5,000 jobs globally in its factory automation sector, ...
3h
on MSN
Siemens to cut up to 5000 jobs: "Sometimes we have to do some re-engineering," says CEO
Siemens, facing a 46% profit drop in its digital industries division, plans to cut up to 5,000 jobs. CEO Roland Busch cited ...
India Today on MSN
1d
Siemens layoffs: Tech giant may cut up to 5,000 jobs amid ongoing struggles
German tech conglomerate Siemens may cut up to 5,000 jobs globally in its factory automation sector owing to ongoing ...
newsbytesapp.com
1d
Siemens to cut around 5,000 jobs in factory automation division
Siemens is planning to layoff up to 5,000 workers in its factory automation division. The news comes from CEO Roland Busch, ...
1d
Siemens Q4 Profit, Orders Rise; Sees Growth Ahead; Stock Up
Shares of Siemens AG were gaining around 6 percent in the morning trading on Germany's XETRA after the conglomerate on Thursday ...
1d
Siemens stock surges after Q4 profit beat, flags rising global risks
By John Revill ZURICH (Reuters) -Siemens stock surged on Thursday after the engineering company posted better than expected ...
Impacts
1d
Siemens Reports Strong Q4 FY 2024 Results Surpass Market Expectations
Siemens reported strong Q4 FY 2024 results, surpassing market expectations. Takeaway Points Siemens reports strong Q4 FY 2024 ...
14d
on MSN
Siemens' $10.6 Billion Altair Deal Strengthens Its Industrial Software Offering
(Reuters) -Siemens is to buy U.S. engineering software firm Altair Engineering for $10.6 billion, strengthening its position ...
Crain's Detroit
15d
How Altair grew from a startup to $10B deal
Altair Engineering Inc., which started as a small engineering consulting firm for the Detroit 3 automakers, is being acquired ...
1d
Siemens Shares Hit Record as Data Center Boom Drives Orders
Siemens AG’s shares rose to a record after the company said the boom in power hungry data centers will drive demand for its ...
21h
on MSN
Siemens To Layoff Workforce; Over 5,000 Employees To Get Pink Slips Amid Profit Decline
Siemens may lay off up to 5,000 employees in its global factory automation business due to underperformance, CEO Roland Busch ...
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