CzechTrade: Companies are interested in moving to the US, but tariffs may change | Českénoviny.cz

NEW YORK (Reuters) - Some Czech companies are actively interested in terms of moving part of their production to the United States, according to the state trade promotion agency CzechTrade. The shape of the tariffs announced by US President Donald Trump this week may yet change, CzechTrade CEO Radomil Doležal told the Czech News Agency. The tariffs will affect Emco, among others, which supplies cereal bars to the US chain Walmart. According to f…

When you do something that you know is going to hurt you pretty badly right away, it must really matter a lot to you. WASHINGTON (Reuters) - U.S. President Donald Trump has openly said the tariffs he imposed on virtually every country in the world late Wednesday night will kill Americans. “It makes me...

Due to the tariffs announced by US President Donald Trump, Colt CZ will increase the price of some of its products. It also plans to redirect some of its exports to other markets. The introduction of tariffs will have a real impact on the financial performance of the entire Colt CZ Group SE, especially on operating profit EBITDA. But the company does not expect Trump's move to significantly affect overall revenue. She listed it on her website to…

The tariffs that importers to the US will now have to pay for the golden drink at a level of 20 percent are literally giving suppliers a hard time. They are feverishly recalculating price lists and calculating how much the higher price will be reflected in the quantity sold. According to Tomáš Maier, who lectures on the economics of brewing at the Czech University of Life Sciences in Prague, the logical reaction in America will be to increase th…

The new US tariffs will also hit Czech exporters to the US hard. On the other hand, companies that already produce in the United States are not afraid of trade barriers.

If the tariffs announced by Donald Trump actually apply, it will be a tough hit for the Czech export-oriented economy. Moreover, Czech companies will face much more competition from China than ever before. However, we should consider retaliatory measures only when the attempts to reach an agreement fail, says Radek Špicar, vice president of the Union of Industry and Transport, in an interview with the newspaper.