(NYSE:HPS) GUELPH, Ontario, Sept. 02, 2025 (GLOBE NEWSWIRE) -- Hammond Power Solutions Inc. (“HPS” or the “Company”) (TSX: HPS.A) has determined that the recently expanded U.S. tariffs on steel and aluminum derivative products apply to certain materials and components included in many of the Company’s products.
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How will the expanded U.S. tariffs on steel and aluminum affect HPS's profit margins and cost structure?
What is the expected impact of the tariffs on HPS's revenue forecasts and stock valuation in the short to medium term?
How does HPS's exposure to these tariffs compare with its peers in the power solutions sector, and what mitigation strategies is the company implementing?