PyroGenesis expects minimal impact from potential U.S. tariffs on Canadian products
PyroGenesis Inc. reports that potential U.S. tariffs on Canadian products are unlikely to negatively impact its business. The company believes it can benefit from U.S. economic policies aimed at boosting industrial innovation and energy production. The implementation of any tariffs has been delayed by a month for further discussions. PyroGenesis manufactures many key systems outside Canada, particularly in the U.S., and most of its clients are located in Europe, Canada, and the Middle East. The company’s contracts are primarily in U.S. dollars or euros, which may enhance their value due to current exchange rates. PyroGenesis remains optimistic about opportunities arising from U.S. policies that support advanced manufacturing and energy self-sufficiency.