Diageo, the maker of Don Julio tequila and Crown Royal Canadian whiskey, relied entirely on price increases to weather tariffs during President Donald Trump’s first term. This time, the spirits giant ...
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Diageo Faces a $200 Million Profit Hit Amid Trump Tariff ThreatsDiageo, the renowned British drinks company behind brands like Johnnie Walker, Guinness, Smirnoff, and Baileys, is bracing for a challenging period as it confronts the impact of new US tariffs. The ...
Diageo has considerable earnings downside if tariffs are implemented in the US with volumes in the market already declining.
The company is warning investors of the potential impact — if they take effect next month — on the spirits business’ bottom ...
Diageo has warned the introduction of import tariffs by President Donald Trump on Mexico and Canada may “impact” its recovery in the US, its largest market, as the drinks giant backed Scotch whisky to ...
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Diageo knew tariffs were coming, but being "effective immediately" has left it to deal with uncertainty in 2025.
CEO Debra Crew said Diageo was taking action to "mitigate the impact and disruption to our business that tariffs may cause." ...
Uncertainty created in the wake of US president Donald Trump’s sweeping tariff announcements threaten to uproot global trade, ...
European stocks were just below the flatline on Tuesday, as global markets continue to monitor Donald Trump’s tariffs ...
The maker of Don Julio tequila and Crown Royal whisky said on Tuesday it can’t provide financial guidance because of the ...
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