January 6, 2017 / 10:25 AM / in a year

Siemens chief does not expect to be put under pressure by Trump

SEEON, Germany (Reuters) - Siemens (SIEGn.DE) chief Joe Kaeser said on Friday he does not expect the German engineering group to come under pressure from U.S. President-elect Donald Trump.

Siemens CEO Joe Kaeser gestures during the annual news conference in Munich, Germany November 10, 2016. REUTERS/Michaela Rehle

Kaeser made the comments after Trump singled out Japanese automaker Toyota Motor Corp (7203.T) and threatened to slap punitive tariffs on its Mexico-built cars.

Turning to Britain’s plans to leave the European Union, Kaeser said the agreed timetable on Brexit must be stuck to. British Prime Minister Theresa May intends to launch by the end of March the two-year process of negotiating to leave the bloc.

Reporting by Andreas Rinke; Writing by Paul Carrel

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