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F1: Tariffs no threat to Haas F1 team

While the ongoing 'tariff war' is to hit Haas Automation it is 'business as usual' for the F1 team. With the situation seeming to change almost minute by minute, stock markets across the world have gone crazy with no sign of settling any time soon. Haas Automation, effectively the parent company of the American F1 team, fears the impact of the situation and as it wait to see how things play out it is reducing production despite an increase in demand for its machine tools. 'Haas Automation is in the process of studying the full impact of tariffs on our operations,' reads a statement from the American company. 'In recent days, we've seen a dramatic decrease in demand for our machine tools...
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1w ago from Pitpass.com 0
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