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Keyword: globalisthype

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  • Trump's tariff tally: $34 billion and counting, global companies say

    05/29/2025 6:17:21 PM PDT · by E. Pluribus Unum · 5 replies
    Reuters ^ | May 29, 2025 6:53 PM UTC | Sayantani Ghosh, David Gaffen and Arpan Varghese
    SummaryCompanies face uncertainty, paralyzing decision-making and affecting profit forecasts Economists predict final costs will be much higher than disclosed Tariffs impact automakers, airlines, and consumer goods importers significantly SAN FRANCISCO/NEW YORK/BENGALURU, May 29 (Reuters) - President Donald Trump's trade war has cost companies more than $34 billion in lost sales and higher costs, according to a Reuters analysis of corporate disclosures, a toll that is expected to rise as ongoing uncertainty over tariffs paralyzes decision making at some of the world's largest companies. Across the United States, Asia and Europe, companies including Apple (AAPL.O), opens new tab, Ford (F.N), opens...