KION: The USA and China are coming closer in the tariff dispute. How the leading intralogistics provider benefits!
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The USA and China are reducing their tariffs to 30% for China imports and 10% for US imports for 90 days. The intralogistics provider Kion (WKN KGX888) is a beneficiary. Kion is the number three in China for forklifts, and China is also the largest market for industrial forklifts. A new factory for warehouse automation solutions, covering 28,000m², is currently being built in China. If China is doing better as the trade war de-escalates and tariffs are reduced, this is very positive for KION in terms of demand. The stock is volatile, but for...
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