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Michelin looks at accelerating US investments to counter tariff threat

French tyremaker says Trump’s policies could make it ‘change its priorities’ to bolster capacity in American factories
Chief executive Florent Menegaux says the business is waiting for more clarity on the impact of tariffs before taking decisions

Michelin is considering accelerating American investments to counter the threat of US tariffs as the French tyremaker warns it is no longer economically viable for it to export from Europe.

Florent Menegaux, chief executive, told the Financial Times the company could “reorganise its priorities” to bolster capacity in its US factories should President Donald Trump impose import duties on its chief trading partners.

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