Steelmaker Voestalpine defies Trump's tariffs with production shift
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VIENNA (Reuters) - Austria's Voestalpine is shifting part of its production for the automotive industry from the United States to Mexico to avoid President Donald Trump's tariffs on imported steel, its chief executive said.The steelmaker specialises in making finished parts for the automotive and rail industries and generates 1.3 billion euros ($1.5 billion) in annual sales in the United States, a tenth of group revenue. Most of Voestalpine's 48 U.S. sites work with domestic steel, but one..