Frankfurt, Germany, May 2, 2025 (AFP) - German chemical giant BASF keeps outlook, warns on tariffs

NAMPA / AFP

2025-05-02

German chemicals giant BASF stuck to its 2025 earnings outlook on Friday, despite the turmoil unleashed by hardline US trade policies, but warned of high levels of uncertainty. The company, a crucial supplier for the automobile, agriculture and construction sectors, said it was "more resilient than others" when it came to US tariffs due to its focus on producing locally. In the United States, more than 80 percent of the group's sales came from p......

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