Michelin Considers Accelerating U.S. Investments Amid Tariff Threat, FT Reports

Dow Jones

Feb 11

By Dominic Chopping

--Michelin is considering accelerating U.S. investments to counter the threat of tariffs, Financial Times reports, citing Chief Executive Florent Menegaux.

--The French tiremaker has 35 factories across North America, but said it can't guarantee that 100% of all the products, all the components and all the materials it uses there are produced locally, according to FT.

--Michelin won't rush into decisions or drastically change strategy, but accelerated investments in its U.S. factories could mean that it slows down projects elsewhere, FT reports.

--CEO Menegaux said that exporting from Europe is no longer economical, FT says.

Full story: https://tinyurl.com/ym2pu9je

Write to Dominic Chopping at dominic.chopping@wsj.com

(END) Dow Jones Newswires

February 11, 2025 02:30 ET (07:30 GMT)

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www-web.itiger.com/news/2510876110"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2510876110\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2510876110?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-02-11 15:30","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2510876110","market":"hk","top_or_hot":-1,"title":"Michelin Considers Accelerating U.S. Investments Amid Tariff Threat, FT Reports","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<pre>\n \n</pre>\n<p>\n  By Dominic Chopping \n</p>\n<pre>\n \n</pre>\n<p>\n  --Michelin is considering accelerating U.S. investments to counter the threat of tariffs, Financial Times reports, citing Chief Executive Florent Menegaux. \n</p>\n<p>\n  --The French tiremaker has 35 factories across North America, but said it can't guarantee that 100% of all the products, all the components and all the materials it uses there are produced locally, according to FT. \n</p>\n<p>\n  --Michelin won't rush into decisions or drastically change strategy, but accelerated investments in its U.S. factories could mean that it slows down projects elsewhere, FT reports. \n</p>\n<p>\n  --CEO Menegaux said that exporting from Europe is no longer economical, FT says. \n</p>\n<pre>\n \n</pre>\n<p>\n  Full story: https://tinyurl.com/ym2pu9je \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Dominic Chopping at dominic.chopping@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 11, 2025 02:30 ET (07:30 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Michelin Considers Accelerating U.S. Investments Amid Tariff Threat, FT Reports</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMichelin Considers Accelerating U.S. Investments Amid Tariff Threat, FT Reports\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-02-11 15:30</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<pre>\n \n</pre>\n<p>\n  By Dominic Chopping \n</p>\n<pre>\n \n</pre>\n<p>\n  --Michelin is considering accelerating U.S. investments to counter the threat of tariffs, Financial Times reports, citing Chief Executive Florent Menegaux. \n</p>\n<p>\n  --The French tiremaker has 35 factories across North America, but said it can't guarantee that 100% of all the products, all the components and all the materials it uses there are produced locally, according to FT. \n</p>\n<p>\n  --Michelin won't rush into decisions or drastically change strategy, but accelerated investments in its U.S. factories could mean that it slows down projects elsewhere, FT reports. \n</p>\n<p>\n  --CEO Menegaux said that exporting from Europe is no longer economical, FT says. \n</p>\n<pre>\n \n</pre>\n<p>\n  Full story: https://tinyurl.com/ym2pu9je \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Dominic Chopping at dominic.chopping@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 11, 2025 02:30 ET (07:30 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"FT","symbol_name":"富兰克林通用信托","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2510876110","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2510876110","pubTimestamp":1739259000,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"--Michelin is considering accelerating U.S. investments to counter the threat of tariffs, Financial Times reports, citing Chief Executive Florent Menegaux.--The French tiremaker has 35 factories across North America, but said it can't guarantee that 100% of all the products, all the components and all the materials it uses there are produced locally, according to FT.--Michelin won't rush into decisions or drastically change strategy, but accelerated investments in its U.S. factories could mean that it slows down projects elsewhere, FT reports.--CEO Menegaux said that exporting from Europe is no longer economical, FT says.","collect":0,"end_time":0,"defaultTopTitle":"","property":["rate"],"viewcount":null,"language":"en","relate_stocks":{"FT":"富兰克林通用信托","MGDDY":"CIE GENERALE DES ETABLISSEMENTS MICHELIN SA CLERMONT-FERRAND"},"translate_title":"据英国《金融时报》报道，米其林考虑在关税威胁下加快在美国的投资","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"MGDDY":0.9,"FT":1},"content_text":"By Dominic Chopping \n\n\n \n\n\n  --Michelin is considering accelerating U.S. investments to counter the threat of tariffs, Financial Times reports, citing Chief Executive Florent Menegaux. \n\n\n  --The French tiremaker has 35 factories across North America, but said it can't guarantee that 100% of all the products, all the components and all the materials it uses there are produced locally, according to FT. \n\n\n  --Michelin won't rush into decisions or drastically change strategy, but accelerated investments in its U.S. factories could mean that it slows down projects elsewhere, FT reports. \n\n\n  --CEO Menegaux said that exporting from Europe is no longer economical, FT says. \n\n\n \n\n\n  Full story: https://tinyurl.com/ym2pu9je \n\n\n \n\n\n  Write to Dominic Chopping at dominic.chopping@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  February 11, 2025 02:30 ET (07:30 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}