Diageo scraps growth guidance as US tariff threat dents outlook

Spirits maker Diageo removes medium-term guidance on U.S. tariff uncertainty

The drinks maker has come under pressure from investors amid falling sales, management changes, and a broader trend toward reduced alcohol consumption.

CNBC - 47m

Trump’s tariff threats give Washington whiplash

President Trump on Monday paused the threat of 25-percent tariffs against Canada and Mexico, two of the nation’s biggest trading partners, and claimed an early victory in his mission to crack down ...

The Hill - 1h

Trump's tariff threat sends crypto prices falling

Cryptocurrency prices took a hit from the prospect of a trade war between the U.S. and its major trading partners, with some well-known digital assets seeing values fall more than 10%

ABC News - 19h

Tequila has to be made in Mexico. Diageo offers no financial outlook on tariff uncertainty.

The maker of Don Julio tequila and Crown Royal whisky said on Tuesday it can’t provide financial guidance because of the uncertainty over tariffs.

MarketWatch - 4h

Crypto prices fall as US tariff threat undercuts boost from Trump

Ether drops more than a fifth after traders dump risky assets

Financial Times - 20h

China renews threat to retaliate against US tariffs

China has reiterated it could take “necessary countermeasures" after U.S. President Donald Trump decided to impose a 10% tariff on China for allegedly doing too little to stem the production of ...

ABC News - 1d

How US Tariffs Challenge China

China chose swift retaliation for trade measures in the first Trump administration, but that led to an upward spiral of trade measures and much broader tariffs.

The New York Times - 2d

Visa gives rosy guidance as spending growth improves

Visa saw 9% growth in spending volume during the December quarter versus 8% in the September quarter.

MarketWatch - 4d

Germany slashes growth outlook in 'serious' diagnosis of Europe's largest economy

The German government slashed its gross domestic product expectations Wednesday, saying it was now forecasting just 0.3% growth in 2025.

CNBC - 5d

GM’s stock falls as carmaker signals that tariffs may impact its outlook

GM topped Wall Street’s fourth-quarter adjusted profit estimate as sales rose 11%, but the carmaker’s stock fell back.

MarketWatch - 6d

Keir Starmer did not discuss threat of US tariffs on UK imports in first call with Donald Trump, No 10 says – UK politics live

Downing Street says PM’s call with Trump was ‘warm’ and did not include tariffs, Greenland, defence-spending or Ukraine. The hearing has stopped for a short break. Heather Hallett, the chair, tells ...

The Guardian - Jan. 27

Colombia tariff threat on hold after deportation agreement

The White House said Colombia has agreed to President Trump's deportation terms, after a standoff led to the prospect of a trade war. The saga began earlier Sunday when Colombia denied entry to ...

NBC News - Jan. 27

Emerging markets braced for Trump tariffs threat

US president’s policies are likely to push up dollar-denominated debt, hurting economies such as Mexico and Malaysia

Financial Times - Jan. 27

Trump’s tariff threats, in five charts

Five charts on government data that show what the federal government has made in tariffs and would need to make to accomplish Trump’s tax plans.

NBC News - Jan. 25

Breaking down Trump's tariff threat at Davos

President Trump on Thursday threatened world leaders with tariffs at the World Economic Forum in Davos, Switzerland, if they don't make their products in the U.S. David Wessel, senior fellow in ...

CBS News - Jan. 23

Trump's threat to world businesses on tariffs

President Trump's World Economic Forum address included a stern threat of tariffs for businesses that choose to make their products outside of the U.S. CBS News' Ed O'Keefe reports.

CBS News - Jan. 23

Trump's threat of tariffs reaches global leaders in Davos

President Trump addressed the World Economic Forum in Davos, Switzerland, and reiterated his quest to obtain tariffs from companies importing their goods into the U.S. CBS News' Nancy Cordes breaks ...

CBS News - Jan. 23

Trump Keeps China Guessing on Tariff Threats

The president postponed what appeared to be a looming clash on trade and expressed a willingness to talk business, but he remains critical of Beijing.

The Wall Street Journal - Jan. 22

EA cuts outlook as growth of one of its key videogame franchises has stalled

Shares of Electronic Arts Inc. fell after hours on Wednesday after the videogame developer cut its outlook for the months ahead, following stumbles in its big soccer gaming franchise as well as in ...

MarketWatch - Jan. 23

Taking Trump’s Tariffs Threats Seriously and Literally

Some analysts increasingly believe the president sees levies as more than a negotiating ploy. To him, they’re a potential source of revenue.

The New York Times - Jan. 22

Trump’s first day: tariff threats and a flurry of executive orders

Also in today’s newsletter, the competing factions of the Republican party

Financial Times - Jan. 21

FirstFT: Trump renews tariff threats sending shockwaves through global markets

Also in today’s newsletter, Panama responds to Trump’s threat to take back the Panama Canal and Ray Dalio on UK’s ‘debt death spiral’

Financial Times - Jan. 21

Trump not expected to carry through on Day 1 tariff threats

President Donald Trump isn’t expected to carry through on his threat to impose sweeping tariffs on the first day of his presidency, a move that economists have warned could lead to higher prices ...

NBC News - Jan. 21

Trump's Tariff Threats Push Europe to Gear Up for Trade Fight

U.S. duties could nudge the European Union toward protectionist measures and away from free trade.

The Wall Street Journal - Jan. 19

Canada Prepares for Trump Tariff Threat With Three-Stage Plan

Canadian officials are preparing retaliatory measures if the new U.S. administration imposes tariffs on Canadian imports.

The New York Times - Jan. 18

Trump tariff threats fuel frontloading of trade shipments into U.S., led by China

Companies are expediting cargo shipments into the U.S. ahead of new tariffs from President-elect Trump, with Chinese trade the biggest on the move.

CNBC - Jan. 17

Saab Expects Sales Growth to Top Guidance

The company said it experienced a stronger-than-expected final quarter of the year, with global defence spending surging as nations support Ukraine while restocking their own arsenals.

The Wall Street Journal - Jan. 17

Worst global growth for 6 years forecast due to tariffs

The World Bank predicts global economic growth of 2.7% this year amid concerns living standards will struggle to improve.

BBC News - Jan. 16

Canada Readies Billions of Dollars in Retaliatory Moves to Trump Tariff Threat

The government is preparing for the possibility that the incoming U.S. administration will impose high tariffs on Canadian goods, setting the close allies up for a showdown.

The New York Times - Jan. 16

'Nothing off the table' in Canada's response to US tariff threat

Canada will have a "robust" response if Donald Trump imposes tariffs on its goods, but Canadian leaders are split over energy as a bargaining chip.

BBC News - Jan. 16

Trump's China tariff threats are helping fuel a manufacturing boom — in Mexico

The migration of manufacturing to Mexico could undermine Trump’s promise to voters that ratcheting up tariffs on China would incentivize companies to bring production back to the U.S and give ...

NBC News - Jan. 15

Experian Posts Revenue Growth in Line With Guidance

The company reported total revenue growth of 8% at constant exchange rates for the third quarter of fiscal 2025, and confirmed its guidance for the year.

The Wall Street Journal - Jan. 15

Canada’s Trudeau Cautions U.S. Consumers to Consider Harms of Trump’s Tariff Threats

Dismissing the president’s bluster about a 51st state, the departing leader urged Americans to think about the impact of high prices that will accompany new import taxes.

Inc. - Jan. 13

Threat of Trump tariffs adds to global economic uncertainty, IMF warns

Kristalina Georgieva says unpredictability of US trade policy is driving up borrowing costs around the world

Financial Times - Jan. 10

Surprising December jobs growth is denting chances of a first-half Fed rate cut

Friday’s unexpectedly big increase in December nonfarm payrolls led to a diminished market-based likelihood for any rate cut by the Federal Reserve until September, based on one method of ...

MarketWatch - Jan. 10

Tariff threat looms over the year's biggest electronics show

Tech companies big and small are offering bold visions of AI-backed products that could be headed into our everyday lives soon. Unless tariffs trip them up.

NBC News - Jan. 8

Mexico president addresses fentanyl production after Trump's tariff threat

President Claudia Sheinbaum's statement on Mexico's anti-drug campaign follows President-elect Donald Trump's threats to impose tariffs over drug trafficking.

CBS News - Jan. 8

‘A snowball’s chance in hell’: Trudeau rejects Trump threat to annex Canada

President-elect threatened to use ‘economic force’ to make northern neighbor part of US. Justin Trudeau has rejected threats from Donald Trump that the US could use “economic force” to annex its ...

The Guardian - Jan. 7

Ulta Beauty gains on new CEO pick and sales outlook. But analysts debate the threat from rivals.

Ulta said Kecia Steelman, who became its chief operating officer in 2023, would be its new chief executive.

MarketWatch - Jan. 7

Diageo scraps growth guidance as US tariff threat dents outlook

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