US EditionTrump Tariffs Fuel Economic Anxiety as Big Brands Slash Forecasts - News Facts Network
- On May 3, 2025, major companies including Coca-Cola, Altria, and Sherwin-Williams slashed or revised earnings forecasts amid tariff-driven uncertainty in the U.S. economy.
- The intensified tariff policies announced about a month earlier disrupted supply chains and raised costs, causing some companies to reduce outlooks while household brands remained cautiously optimistic.
- Coca-Cola reported flat sales in Latin America, partly due to geopolitical tensions affecting Mexico, while Altria faced cigarette sales declines amid illicit e-cigarette competition, and Sherwin-Williams gained from price increases and cost control.
- CFOs and economists noted that despite recession fears and slowing consumer spending leading to a GDP contraction, companies paying dividends and defensive sectors show resilience in a rare stagflation environment.
- The ongoing tariff uncertainty acts as a major drag on global trade and economic growth, prompting companies to review strategies and pushing some to shift production or exit markets while talks to avert further tariffs remain unresolved.
37 Articles
37 Articles
The high prices imposed by US President Donald Trump block the world economy's "roads" which, over the decades, has benefited from a predictable and relatively free trade. Last week, multinationals, but also some players in the field of electronic commerce have reduced their sales targets this year, warned about job cuts and revised business plans, while large economies also revised Reuters's growth prospects.
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On CNN Radio Argentina, international analyst Ezequiel Vega addressed the tariffs imposed by the Donald Trump administration. Speaking on CNN Primera Mañana, regarding the differences between the end of the Democratic administration and the beginning of the Republican one, he stated that "if one analyzes the economic data from the last 24 months of Joe Biden's administration, due to the outbreak of the war between Russia and Ukraine, inflation s…
The Globe & Mail
Global economy already feeling drag from Trump tariffs
While financial markets are betting the U.S. and China will pull back from an all-out trade war and that Trump will cut deals to avert higher tariffs on others, the sheer uncertainty of where this ends has become a major drag factor in itself
Coca-Cola Sees Glass Half Full Even as Trade War Drains Fizz From Pop Sales
The start of earnings season last week showed corporate America in the throes of Dickensian duality — the best and worst of times. Swaths of companies, including automakers, airlines, and retailers, pared back previously issued financial outlooks or yanked them altogether, citing tariff-driven uncertainty. Meanwhile, household brands, including Coca-Cola, reaffirmed their full-year forecast, waxing optimistic even as the Trump administration’s t…
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