ThyssenKrupp has blamed the underperformance of its elevators business in 4Q, and its outlook for 2019, “in particular (in the U.S.) owing to tariffs on material imports”. The firm faces duties on imports to the U.S. of components from China, which while accounting for just 6.5% of seaborne shipments to the U.S. in 2018 had already fallen by 27.0% year over year in January. ThyssenKrupp also faces import duties on its shipments of steel and aluminum to the U.S. Those have been led by imports from the EU, which accounted for 66.9% of ThyssenKrupp’s total steel and alu...