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Germany's Thyssenkrupp cuts targets as US tariffs weigh
Germany's Thyssenkrupp cuts targets as US tariffs weigh
by  AFP

Thyssenkrupp's shares slumped Thursday as the struggling German industrial giant slashed its sales forecasts due to weak demand amid US President Donald Trump's tariff onslaught. The group has long been struggling, particularly as its traditional steel business faces competition from Asia, but the turmoil triggered by Trump's tariffs have worsened its problems.

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