Trump Tariffs: Customers Expecting Payback, Says Swiss Chemicals Business | The Pulse 2/26

Clariant expects the US government to provide clarity within weeks on how to reclaim overpaid tariff duties, the Swiss specialty chemical company said Thursday.

The US Supreme Court declared President Donald Trump’s sweeping global tariffs under economic emergency powers law illegal last week. Switzerland was temporarily hit with a 39% rate under those tariffs, later cut to 15%. Clariant paid 20 million Swiss francs ($26 million) in tariffs to the US last year.

“Several companies have already issued litigation. We’ve not yet done that but we’re looking at all options right now,” Chief Executive Officer Conrad Keijzer told Bloomberg TV.

Today's guests:

Greg Peters, PGIM Fixed Income, Co-CIO; Conrad Keijzer, Clariant CEO; Beata Javorcik, European Bank for Reconstruction and Development, Chief Economist.

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"The Pulse With Francine Lacqua" is all about conversations with high profile guests in the beating heart of global business, economics, finance and politics. Based in London, we go wherever the story is, bringing you exclusive interviews and market-moving scoops.

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