American companies are voicing concern over the escalating tariffs issued by the Trump administration to China. The Hill reported that American companies are warning of multibillion-dollar losses and deep uncertainty.
United Airlines issued two separate financial outlooks, citing the unpredictable nature of the current economic climate. The company said it was “impossible to predict” whether the U.S. could slide into a recession as a result of the ongoing reciprocal tariffs.
Johnson & Johnson CEO Joaquin Duato voiced his concern over the potential for new tariffs on pharmaceuticals, warning that such measures could disrupt the medical supply chain.
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