US EditionTrump’s trade war spreads more gloom for businesses across multiple industries
- Corporate earnings releases on Thursday revealed widespread uncertainty across industries.
- This uncertainty stems from navigating the Trump administration's shifting stance on trade.
- Trade disputes like eye-popping levies on Chinese goods push up costs and disrupt supply chains.
- PepsiCo CEO Ramon Laguarta stated, "We expect more volatility and uncertainty."
- Consequently, companies hike prices, back away from forecasts, and flag weakening consumer confidence.
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9 Articles
Trump trade war spreads more gloom across businesses worldwide - Hawaii Tribune-Herald
LONDON/SEOUL/NEW YORK — Businesses across multiple industries are hiking prices, backing away from previous financial guidance and warning of growing uncertainty as U.S. President Donald Trump’s trade war pushes up costs, upends supply chains and stirs concerns about the global economy.
Tariff tensions ripple across global economy
The United States' increasing use of tariff barriers is triggering significant economic turmoil around the world, particularly in sectors directly tied to manufacturing and physical goods, such as retail and industrial materials.These industries are
Donald Trump's trade war is "slowing down" the momentum of businesses around the world. What are the fears of entrepreneurs
Companies across multiple sectors of the global economy are raising prices, abandoning previous financial guidance and warning of growing uncertainty as the trade war launched by US President Donald Trump raises production costs, disrupts supply chains and raises concerns about the global economy, according to a Reuters analysis.
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