Persil-owner Henkel says US policies are hurting North American market

Linda Pasquini and Elizaveta Gladun

Tue, Mar 11, 2025, 3:28 AM 1 min read

By Linda Pasquini and Elizaveta Gladun

(Reuters) - U.S. authorities decisions are hurting the North American marketplace disproportionately, user goods and adhesive shaper Henkel said connected Tuesday, the latest institution to pass astir uncertainty caused by President Donald Trump's commercialized policies.

"For definite what is happening successful the U.S. successful presumption of decisions, that's impacting particularly the North American marketplace overproportionally and is besides impacting us," Carsten Knobel, main enforcement of the Persil detergent and Loctite glue maker, said successful a telephone with investors.

Stocks slumped globally connected Monday, portion U.S. enslaved yields dropped arsenic capitalist worries astir the imaginable economical slowdown were exacerbated aft Trump did not regularisation retired a recession resulting from his tariffs. [MKTS/GLOB]

U.S. user and concern assurance has weakened implicit tariffs imposed by Trump and threats of further levies, and expanding concerns astir higher prices.

Henkel earlier connected Tuesday gave a brushed guidance for 2025 income growth, projecting a slower commencement to the twelvemonth owed to a pugnacious concern situation and muted user sentiment particularly successful North America.

(Reporting by Linda Pasquini and Elizaveta Gladun; editing by David Evans and Susan Fenton)