Tiangong Int'l sees minimal impact from US tariffs order
Tiangong International (00826) said it notices that the government of the United States will impose import tariffs on steel. The company clarified that as the export revenue of the die steel and high speed steel produced by the Group to the United States during the year ended 31 December 2017 accounted for less than 2.5% of the Group's total revenue, it is expected that the Group's financial position will not be adversely affected.
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