TechFlow, April 18 — According to IBTimes, due to the tariff policies advanced by the Trump administration, multiple multinational companies have withdrawn or revised their product or business forecasts for the U.S. market. Aviation giants Delta Air Lines and Frontier Group have withdrawn their 2025 financial forecasts, with Delta stating that travel demand has "largely stalled" amid economic concerns related to tariffs. Medical device manufacturer Belluscura, UK-based toy maker Character Group, liquor giant Diageo, and tech company Logitech have all adjusted or withdrawn their business outlooks. Diageo expects new tariffs on Mexico and Canada to cost the company $200 million in the second half of the year. Global recruitment firm PageGroup has outright abandoned issuing financial forecasts, citing an "increasingly unpredictable" business environment. A CNBC survey shows that 89% of companies are canceling orders and 75% expect consumers to reduce spending, which could lead to rising prices and product shortages for American consumers. Many companies are now considering shifting supply chains to other countries with lower tariffs.
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