Wall Street analysts bombard American companies with questions about how they will deal with Donald Trump trade wars, in an early sign that presidential policies break through through corporate America.
The word “tariff“He appeared at least once in more than 200 executives for earnings that were held by analysts and investors, among the groups listed on the S&P 1500 composite index of US companies that have reported about earnings this year, according to FactSet data. The increase in trade launches echoes a similar jump during Trump’s first term in the period 2017-21.
The growing interest on Wall Street for how the companies will fight trade levies emphasize that Trump trade conflicts affect groups in a wide area of industry.
The US president planned to impose 25 percent of the levies this week by Canada and Mexico, claiming that they should do more to deal with migration and the flow of fentanis. On Monday, he arranged late to stop the tariff against Mexico and Canada for a month, while progressing with a new 10 -pointed headline to import from China.
“We operate with the cinema. We are dealing with Mexico. We are working with Canada,” said David Johnson, the Chief Financial Director of Fishing, Camping and Diving Equipment Johnson Outdoors, he said to analysts on Monday before Trump’s U-Retling.
“We are currently working on mitigating strategies.”
Mexico is the largest single source Imports of usThe following are China and Canada. Cars and agriculture production and agriculture are among sectors that are highly dependent on the cross -border trade of North America.
Executive Director Tyson Foods Donnie King said that a butcher sauce is conducting “planning of extraordinary states” for any retaliation of the Tariff on the pork sold to Mexico. American pork manufacturers shipped more than 1 million tons in Mexico last year, according to the US Federation for Meat Export.
“So what we would do, whether it was pork or would be chicken, is to find other markets, we would use our global knowledge and expertise to try to move these products if necessary,” said King analysts on Monday.
Alcoholic beverages are not as easy to divert as goods like pork.
Manufacturer Johnnie Walker Diageo has already calculated that if the mexico and Canada tariffs begin in March, the operational profit of Spirits Giant will suffer a hit of $ 200 million in the financial year by June 2025.
The company announced that it had planned for all possible events and that it could alleviate 40 percent of the influence before resorting to the increase in the price of supplies management, such as delivering the additional product in the US before any new tariff.
“It’s a very fluid situation,” Director Debra Debra Debra Crew said on Tuesday. “But we have a lot of lever we can pull and continue to deal with the American administration,” as well as Canadian and Mexican authorities.
In a further sign of effects on consumers focused on consumers, a toy manufacturer Mattel said on Tuesday that they could ask for new tariffs Increase US prices As there are factories in countries, including China and Mexico.
The effects could also be wide in the industrial sector.
Some parts of the car can repeatedly cross the boundaries during automotive production, “even something as simple as a fuse,” said Baird Luke analyst Junk. Suppliers would have some choices than transfer the costs of tariffs to car manufacturers such as General Motors and Ford. They would in turn convey the costs of consumers, he said.
Even after heavy domestic investments in recent years, the US industry of renewable energy sources relies on China. In China, more than 70 percent of the world’s entrances are made for solar panels such as polysyrics, vafrova and ingots, as well as more than 60 percent of batteries components such as cathodes, anodes and electrolytes.
Pure energy executives have warned that the tariffs will increase the cost of equipment and undermine the Law on Reducing Inflation, which included $ 370 billion in federal incentives for energy transition. Trump opposes the legislation that former President Joe Biden signed in 2022.
“We will not die because of this, but we would rather spend new jobs,” said Martin Pochtaruk, executive director of Heliene, which manages the Solar Panel factory in Minnesota and imports equipment from China.
As the tariffs on Mexico and Canada stopped late Monday, investors showed signs of relief. The shares jumped for the manufacturer of robot surgery of intuitive surgery, who warned last month to hit the tariff because “a significant part of our instruments is currently being produced in Mexico”.
In contrast, a locking manufacturer and alarm in New York Napco Security Technologies has announced the Assembly in the Dominican Republic.
The rivals “Do everything in China,” said CEO Richard Soloway analysts this week. “Well I would expect 10 percent [tariff] It will make us more competitive in the market and help us win more market share because we have top quality products and at high prices, traders are sensitive to the price. ”
Reporting Gregory Meyer, Taylor Nicole Rogers, Amanda Chu and Oliver Barnes in New York, Claire Bushey in Chicago and Madeleine Speed and Susannah Savage in London
