BASF is looking into legal claims by U.S. unit for tariff reimbursement [Yahoo! Finance]
BASF SE S/ADR (BASFY)
NASDAQ:AMEX Investor Relations:
basf.com/en/company/investor-relations.html
Company Research
Source: Yahoo! Finance
Supreme Court quashed many of ?President Donald ?Trump's tariffs. "If this change in regulations does indeed ?result in a legal title for BASF Corporation, we ?of course ?have a ?fiduciary duty to ?pursue this claim," CEO Markus Kamieth said during a press conference after releasing quarterly results. He added the internal assessment ?was ongoing and ?the outcome unclear. ?Finance Chief ?Dirk Elvermann said that ?most products sold ?in the ?United States were made there, strongly limiting any direct ?impact ?from import duties. (Reporting by Patricia ?WeissWriting by Ludwig , editing ?by Kirsti Knolle)
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