Samvardhana Motherson Expects Minimal Impact from U.S. Tariffs4 hours ago
Samvardhana Motherson International Limited, a leading auto component manufacturer, anticipates no significant impact from recent U.S. tariffs on imported automotive components. The company states that a substantial portion of its U.S.-bound products are either manufactured within the U.S. or comply with the United States-Mexico-Canada Agreement (USMCA), likely exempting them from additional tariffs. However, the company acknowledges that future impacts may depend on potential changes to the Executive Orders regarding product inclusions, exclusions, or tariff modifications.
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