#Latest news with #JoachimSchönbeckBloomberg29-05-2025BusinessBloombergAustria's Andritz Expects Clarity on US Tariffs by End of SummerOne of Europe's largest manufacturers of specialist factory machines expects clarity on US tariffs to encourage industrial firms to start making investment decisions again within weeks. Many companies have been stalling decisions on plant expansions and business development due to uncertainty around President Donald Trump's trade policies, according to Joachim Schönbeck, chief executive officer of Austrian supplier Andritz AG.
Bloomberg29-05-2025BusinessBloombergAustria's Andritz Expects Clarity on US Tariffs by End of SummerOne of Europe's largest manufacturers of specialist factory machines expects clarity on US tariffs to encourage industrial firms to start making investment decisions again within weeks. Many companies have been stalling decisions on plant expansions and business development due to uncertainty around President Donald Trump's trade policies, according to Joachim Schönbeck, chief executive officer of Austrian supplier Andritz AG.