Hitachi predicts $200M tariff hit in 2025

hitachi-predicts-$200m-tariff-hit-in-2025
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Mining revenue fell by 6% in 2024, and Hitachi expects tariffs to reduce machinery demand

Hitachi Construction Machinery rigid dump truck and ultra-large hydraulic excavator

Hitachi Construction Machinery rigid dump truck and ultra-large hydraulic excavator | Credits: Hitachi Construction Machinery

Hitachi Construction Machinery has forecast a ¥30 billion (US$209 million) effect on its shipments over the forthcoming 2025 financial year, as it reported decreased revenues in 2024. Hitachi’s mining…

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