Financial Times (April 23)
2025/ 04/ 25 by jd in Global News
“While company leaders have generally avoided public criticism of the US president, they have been forced to confront his tariffs — which include levies of 145 per cent against export powerhouse China — on quarterly earnings calls with analysts this month.” Through Tuesday, “tariffs were cited on more than 90 per cent” of earnings calls while “recession” arose on 44 per cent. Corporate leaders also spoke of “escalating expenditures, gummed-up supply chains and a hit to the world’s largest economy.”
Tags: Analysts, Avoided, China, Confront, Criticism, Earnings calls, Economy, Escalating, Expenditures, Export, Leaders, Rrecession, Supply chains, Tariffs, Trump, U.S.
