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Multiple companies have withdrawn their market forecasts for the U.S. due to Trump's tariff policy.
According to TechFlow news on April 18, multiple multinational companies are retracting their product or business forecasts in the U.S. market due to the tariff policies promoted by the Trump administration, as reported by Ibtimes. Airline giants Delta Air Lines and Frontier Group have withdrawn their financial forecasts for 2025, with Delta stating that travel demand has "essentially stalled" due to economic concerns related to tariffs. Medical device manufacturer Belluscura, UK toy manufacturer Character Group, alcoholic beverage giant Diageo, and tech company Logitech have all adjusted or withdrawn their business expectations, with Diageo anticipating that the new tariffs on Mexico and Canada will result in a loss of $200 million in the second half of the year. Global recruitment company PageGroup has directly abandoned its financial forecast, citing that the current business environment is "increasingly unpredictable." A CNBC survey shows that 89% of companies are canceling orders, and 75% expect consumers to reduce spending, which could lead to issues such as price rises and product shortages for U.S. consumers. Many companies are considering moving their Supply Chain to other countries with lower tariffs.