Tariffs are expected to worsen the divide between Main Street and Wall Street
- Companies across various industries face challenges assessing tariff impacts.
- Persistent uncertainty about tax imposition or postponement causes this difficulty.
- Firms like Kimberly-Clark and RTX anticipate substantial tariff-related cost increases.
- RTX expects roughly $500 million in costs, and 3M's CEO stated, "tariffs are going to be a headwind."
- Consequently, companies revise forecasts and seek alternative production sites to lessen tariff effects.
36 Articles
36 Articles
Tariff uncertainty prompts analysts to slash earnings estimates: Report
Good morning. As earnings season continues, new data from S&P Global Market Intelligence takes a look at the dialogue around tariffs and their impact on forecasts. Tariffs have dominated investor discourse since April 2 when President Trump announced sweeping tariff reform. Trump announced on April 9 a 90-day pause on certain tariffs. Meanwhile, a 10% tariff on nearly all global imports, a 25% levy on imported cars and certain auto parts, and a …
IPO Activity Halts Amid Tariff-Driven Market Chaos
Companies have reportedly put their initial public offering (IPO) plans on hold amid the market chaos caused by the announcements of new U.S. tariffs that began April 2. Together with a slowdown in activity seen in the mergers and acquisitions (M&A) market, preparations for IPOs of companies with a combined valuation of over $120 billion have been halted since April 1, the day before President Donald Trump’s first announcement of new tariffs, Bl…
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