Why Siemens Stock Slumped Today

Shares in German industrial giant Siemens (SIEGY -7.00%) were down by more than 6% in trading as of 3 p.m. ET Thursday due to the tariffs imposed on foreign countries by the Trump administration. As a global company with interlinked supply chains that span the globe, Siemens is notably exposed to tariff actions and trade conflicts.Siemens and tariffsSiemens is a German company, but its operations are global. In fact, 31% of its revenue came from the Americas (26% from the U.S.) in 2024, with 46% from Europe ...