Teck Resources (TECK) is ready to find buyers in Asia for its zinc and other metals after US President Donald Trump started charging a 25% tariff on goods from Mexico and Canada, multiple news outlets reported Tuesday, citing the company's Chief Executive Jonathan Price.
Price told an industry conference in Toronto Tuesday that the miner has been preparing contingency plans since Trump began threatening tariffs soon after taking office in January, Reuters reported.
The company has been reserving more warehouse and port space for its zinc exports while it looks for non-US buyers, Price reportedly said. "We will find buyers and prices will adjust," Reuters quoted Price.
The US tariffs are expected to increase commodity prices globally and fuel inflation, the reports said. "There is nothing positive about tariffs," Bloomberg quoted Price.
Teck did not immediately respond to a message from MT Newswires seeking additional information.
Teck shares recently were down about 4% in New York trade Tuesday morning.
Price: 37.99, Change: -1.57, Percent Change: -3.97
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。