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US companies suspend financial projections due to tariffs

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US companies suspend financial projections due to tariffs

2025-05-01 13:01 Last Updated At:20:27

Major U.S. firms have decided to withdraw or suspend the publishing of their financial projections amid the rampant uncertainty brought on by President Donald Trump's broad implementation of tariffs.

One of the three largest U.S. car manufacturers Stellantis announced on Wednesday that it will suspend its 2025 financial guidance due to uncertainties caused by tariffs.

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US companies suspend financial projections due to tariffs

US companies suspend financial projections due to tariffs

US companies suspend financial projections due to tariffs

US companies suspend financial projections due to tariffs

US companies suspend financial projections due to tariffs

US companies suspend financial projections due to tariffs

US companies suspend financial projections due to tariffs

US companies suspend financial projections due to tariffs

US companies suspend financial projections due to tariffs

US companies suspend financial projections due to tariffs

JetBlue Airways also stated in its report on Tuesday that the company will withdraw its full-year guidance "given the macroeconomic uncertainty".

Its CEO Joanna Geraghty said in the announcement that the enterprise has been considering cutting down capacity and rearranging its aircraft retirement schedule.

U.S. media outlets also reported that enterprise executives, regardless of their political preferences, remain anxious over current and apparently impending tariff policies, as well as other Trump administration policies.

The Wall Street Journal reported Tuesday that in a survey of over 300 senior corporate executives, 84 percent of respondents said they were concerned about the possible impacts of the current political and legal environment in the United States on their business, while 45 percent of business leaders thought that the recent policies rolled out by the U.S. government have damaged their company's competitiveness.

US companies suspend financial projections due to tariffs

US companies suspend financial projections due to tariffs

US companies suspend financial projections due to tariffs

US companies suspend financial projections due to tariffs

US companies suspend financial projections due to tariffs

US companies suspend financial projections due to tariffs

US companies suspend financial projections due to tariffs

US companies suspend financial projections due to tariffs

US companies suspend financial projections due to tariffs

US companies suspend financial projections due to tariffs

The U.S. share of global GDP under President Donald Trump has fallen to its lowest level since 1980, Russian news agency RIA Novosti reported on Saturday.

RIA Novosti said data from the World Bank and the International Monetary Fund show that U.S. purchasing power parity sank to 14.65 percent last year.

That's compared to an average of 14.93 percent during former President Joe Biden's four years in office.

U.S. share of global economy hits lowest point since 1980: Russian media

U.S. share of global economy hits lowest point since 1980: Russian media

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