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  5. CLS: How exposed are SHOP and CLS to US tariffs? [Celestica Inc.]

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Q: How exposed are SHOP and CLS to US tariffs? In the case of SHOP, what proportion of transactions are cross-border? For CLS, where are its manufacturing plants located. Overall, how do you view their perspectives today versus what they were pre-liberation day? Thanks.
Asked by Theodore on April 04, 2025
5i Research Answer:
Please see this answer for a discussion on tariffs and SHOP. Comments still apply, except that...
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