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Siemens Energy CEO: US tariffs are 'annoying but manageable'
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Siemens Energy CEO: US tariffs are 'annoying but manageable'
May 26, 2025 3:47 AM

FRANKFURT, May 8 (Reuters) - Siemens Energy

is currently able to limit the impact of U.S. tariffs due to its

roughly 5,000 U.S.-based suppliers and thanks to price increases

it can pass on as most order contracts allow this, its CEO

Christian Bruch said.

The import tariffs, which were imposed by the administration

under U.S. President Donald Trump, were "annoying but

manageable", Bruch told journalists after presenting

second-quarter results.

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