Major companies face a difficult task in estimating the impact of tariffs on their business
From Yahoo Finance: 2025-04-29 11:02:00
Executives at major companies are grappling with how Trump’s tariffs are affecting business, leading to decreased earnings forecasts and financial uncertainty. Kraft Heinz and Coca-Cola are feeling the impact, with potential price hikes on consumer goods. JetBlue Airways faces travel demand concerns due to tariffs, while General Motors delays guidance reassessment. UPS models various scenarios amid China tariff worries, while Sherwin-Williams expects choppy demand but reaffirms earnings forecast. The ongoing tariff uncertainty continues to impact businesses across various industries.
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