Businesses pare back outlook as Trump tariffs weigh on spending
From carmakers to restaurant chains, companies face financial setbacks amid tariff fears.
Businesses across multiple sectors have cut financial guidance amid growing uncertainty as United States President Donald Trump’s trade war pushes up costs, upends supply chains and stirs concerns about the global economy.
Thursday’s earnings made it clear that corporations around the world ran into a wall of uncertainty in the first quarter, as executives found themselves navigating the Trump administration’s constantly shifting stance on trade.
Spencer Platt April 24, 2025
Read the full story here ALJAZEERA
Author Profile
Latest entries
Selected Media04/25/2025Businesses pare back outlook as Trump tariffs weigh on spending
Educational Issues04/25/2025Federal judge temporarily blocks Trump’s push to end DEI in K-12 schools
Educational Issues04/24/2025Student loans in default to be referred to debt collection, Education Department says
Gun Control04/24/2025‘Vladimir, STOP!’ says Trump as Putin launches worst attack on Ukraine
