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Parts supplier Bosch says still banking on North America amid car tariffs
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Parts supplier Bosch says still banking on North America amid car tariffs
Mar 27, 2025 3:37 AM

BERLIN, March 27 (Reuters) - German car parts supplier

Bosch said it is still banking on the North American

region with expansion plans there, while stressing that it was

globally positioned in a statement responding to U.S. President

Donald Trump's tariff announcement.

"We have confidence in the long-term potential of the North

American market and are continuing to expand our business in the

region," the statement said.

"While focusing on our local-for-local principle, we work

simultaneously in an international production network and are

globally positioned," it added.

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