Ice Corporations in the US have reduced growth prognosis in the middle of chaos with duties
| GM has called on an investor in connection with the expected new Trump decree for the automitas, which is due to go out on Tuesday. At the same time, the giant in courier services and deliveries UPS has said it will cut 20,000 employees to reduce costs in an uncertain economic situation and expect reduced volumes from its largest Amazon customer. |
The accumulation of negative news shows that the chaotic trade policy is seriously hitting companies, forcing them to reduce funding, to change the supply chains, with planning after the intermediate period it becomes almost impossible.
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« We believe the future effect of duties will be significant, » said financial officer Paul Jacobson after the automaker withdraws his forecast for the year. « We tell our partners that they should not rely on our preliminary guidance, but we will provide additional information regarding duties. »
World stocks and the dollar have increased slightly after Washington has announced plans to reduce the effect of some automits, although the markets are far from restoring heavy losses when declaring duties on April 2.
Nearly 40 companies in the world have withdrawn or lowered their forecasts for their future results in the first two weeks of the first -quarter report seasonshows an analysis of Reuters. « General Motors » and « Volvo Kars » have downloaded their forecasts with the Delta air carrier, the manufacturer of accessories for « Logitek » computers and the producer of the beverages « Diavo ».
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- Ketchup manufacturer « Kraft Heinz » has reduced its annual forecast, the Hilton hotel chain has reduced its prospects for growth in revenue in 2025. Porsche and Electrolux have reduced their forecasts throughout the year.
| « Undoubtedly, the uncertainty about what exactly can happen to demand is higher than we have ever seen, » said Carson Group’s main market strategist Ryan Detrick. He predicts that more companies will withdraw their forecasts. |
The German sports car manufacturer « Porsche » said it was harmed with at least 100 million euros in April and May as a result of US duties on imports.
