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PRESS: Rolls-Royce Holdings may up US output amid tariff threat

ALN

Jet engine maker Rolls-Royce Holdings PLC may look to raise production in the US to counter a hit from tariffs, the Telegraph reported on Sunday.

Rolls-Royce is looking at how to reduce the hit from US tariffs, with plans to ramp-up hiring and expanding operations in the nation among its options, according to the Telegraph.

In the US, the FTSE 100 listing employs around 6,000 people with ‘significant operations in 27 states’, according to its website.

The Donald Trump administration in the US is set to update on tariffs next month. White House Press Secretary Karoline Leavitt said there will be ‘big announcements when it comes to reciprocal trade’ on April 2.

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