Trade truce could cut Komatsu’s tariff burden by $140M, easing profit pressure - report

1 month ago 2

Roman Chekhovskoy

Komatsu (OTCPK:KMTUY) (OTCPK:KMTUF) expects a reduction of nearly 20 billion yen ($140 million) in the impact of U.S. tariffs on its earnings following last week's U.S.-China trade truce, according to the company's CEO—indicating that its projected profit decline may be less

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