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Global tariff threats could deal $207 million blow to Pernod Ricard, CFO says
Tariffs affecting cognac sales in China and threatened U.S. levies on Canada, Mexico and the European Union would deal an estimated 200 million euro ($207.24 million) blow to Pernod Ricard's business annually,
Pernod Ricard cuts sales outlook on tariff uncertainty
Pernod Ricard has cut its sale guidance because of uncertainty over tariffs and a slowdown in China, where government anti-dumping measures have hit demand for its cognac brand Martell. The French spirits group,
Pernod Ricard Cuts Sales Guidance Over China Cognac Slump
Pernod Ricard SA cut its sales outlook on a slump in Cognac demand in China, a move seen by investors as a “realistic” step for the French spirits maker. Shares inched higher.
Pernod cuts sales outlook as China's tariffs and weak economy bite
Pernod Ricard cut its sales forecasts for 2025 and beyond on Thursday as tariffs, especially affecting its Martell cognac brand in China, weigh on the French spirits maker during an already tough time for the industry.
Pernod Ricard H1 Results Down, Cuts FY25 Organic Sales View; Sees Growth Further Ahead
French liqueur company Pernod Ricard SA (PDRDF.PK, PDRDY.PK, PRN.L) reported Thursday weak profit and sales in its first half.
1h
Italy braces for Trump tariff threats to hit fashion industry
The U.S. president’s tariff threats are creating uncertainty in Italy’s fashion industry as it experiences a contraction that ...
11h
on MSN
Trump tariff 'made something snap in us' - many Canadians see US rift beyond repair
The tariffs and US President Donald Trump's '51st State' comments have made way for a surge of patriotism in Canada.
1h
Japan seeks steel import tariff exemption from India, documents show
Japan has called on India to exempt it from any temporary tax aimed at curbing rising steel imports, according to a source ...
6h
on MSN
Mexican border cities are in limbo as tariff threats spark fears of a recession
Tariffs would cripple Mexican border economies that are reliant on factories churning out products for the US and likely ...
15h
on MSN
Mexican troops arrive at US border to disarm Trump tariff threats
Mexico's president shifted military troops to her country's northern border in a deal with Trump to target drugs, migrants.
16h
on MSN
For Trump’s tariff strategy, chaos is a feature, not a bug
In near-daily commentary, often from the Oval Office, the president has kept up a steady patter of sometimes contradictory ...
1d
on MSN
Trump's 10% tariff on China begins as Beijing plans retaliation on US energy and some cars
China's tariffs - due to begin next Monday - would also apply to US oil and farm machinery, but more talks are due this week.
15h
on MSN
Ether fell more than bitcoin off tariff jitters this week. What that says about crypto.
As concerns around President Donald Trump’s tariff plans weighed on cryptocurrencies this week, ether experienced a sharper ...
2d
on MSN
Tariff threats take aim at fentanyl trafficking. Here’s how the drug reaches the US
President Donald Trump's threat of tariffs on goods from Mexico, Canada and China is aimed at stopping the flow of fentanyl ...
13h
Live: Trump in tariff tit-for-tat with China; duties on Canada, Mexico paused for one month
Yahoo Finance will chronicle the latest news and updates on Trump's tariffs — from the threats to the eventual policy.
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