US Treasury Secretary Scott Bessent on Sunday struck a defiant tone in the face of global financial markets selling off sharply in response to new US tariffs, arguing the duties were necessary and rejecting the idea that they would cause a US recession.
Clariant AG will move some of its adsorbent production to the US from Mexico to avoid President Donald Trump’s tariffs, Chief Executive Officer Conrad Keijzer said.
Four investment groups with ties to the family that owns about 35% of Grifols SA confirmed they are in talks with Brookfield Asset Management Ltd. over a potential offer for the Spanish blood-plasma company following a failed attempt last year.