Trade War Drives Uncertainty, Corporate Caution Globally

President Trump's trade war has triggered widespread uncertainty and financial strain across global industries, with major companies like Procter & Gamble, PepsiCo, and Thermo Fisher Scientific cutting profit forecasts due to rising costs and disrupted supply chains. Executives from firms such as Nestle and Unilever have pointed to weakening consumer confidence, particularly in North America, as tariffs and unpredictable economic policies continue to weigh on sentiment. Despite a temporary pause on some tariffs, significant levies on goods—especially those imported from China—remain in place, prompting companies to reassess strategies and warn of further price increases. The volatile policy environment, including criticism of Federal Reserve Chair Jerome Powell, has further undermined investor and business confidence. These challenges are compounded by a broader slowdown in global growth forecasts, with companies across various sectors reporting diminished outlooks and preparing for continued economic headwinds.