FRANKFURT (Reuters) - Salzgitter, Germany’s second-largest steelmaker, says tariffs slapped on steel imports by the U.S. government will have a limited impact on its business.
“Our direct exposure is small,” a spokesman for the company said in an e-mailed statement on Friday. He declined to say how much steel the group exports to the United States.
Washington a day earlier imposed tariffs of 25 percent on imports of steel and 10 percent on aluminum from the European Union, Canada and Mexico.
Reporting by Christoph Steitz; Editing by Douglas Busvine