The trade war is forcing construction equipment OEMs to think again about exports
23 April 2025
LiuGong Chairman Zeng Guang’an during the company’s bauma 2025 press conference. (Image: Mitchell Keller)
The sun was shining on Munich, Germany, to open day one of the world’s largest exposition fair on 7 April.
But somewhere behind the brightly coloured spectacle of product launches and innovation showcases, lurked the spectre of US President Donald Trump’s import tariff plan.
“Every four years they have a new president”
Trump has suspended planned high tariffs on most countries around the world for 90 days (outside of…
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