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U.S. President Donald Trump holds a chart next to U.S. Secretary of Commerce Howard Lutnick as Trump delivers remarks on tariffs in the Rose Garden at the White House in Washington, D.C., U.S., April 2, 2025. Carlos Barria
U.S. President Donald Trump holds a chart next to U.S. Secretary of Commerce Howard Lutnick as Trump delivers remarks on tariffs in the Rose Garden at the White House in Washington, D.C., U.S., April 2, 2025. Carlos Barria
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Companies withdraw guidance amid Trump's tariffs

April 14th, 2025 | 11:56 AM BUSINESS 2

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By Reuters

The sweeping tariffs imposed by U.S. President Donald Trump since April 2 and the subsequent pauses on some of them have generated uncertainty for companies worldwide, causing some of them to withdraw or refrain from giving a financial guidance.

Here is a list of companies that have made such moves:

AEROSPACE & DEFENSE

DELTA AIR LINES (DAL.N)

The U.S. carrier on April 9 withdrew its financial forecast for 2025, saying travel demand has "largely stalled" as tariffs fuel economic uncertainty.

FRONTIER GROUP (ULCC.O)

The parent of Frontier Airlines withdrew its full-year forecast on April 11 and warned of a loss in the first quarter, as Trump's trade war has hit travel demand.

HEALTHCARE

BELLUSCURA (BELLB.L)

The U.S.-headquartered medical device maker on April 8 pulled its guidance for 2025 due to the U.S. tariffs on China.

RETAIL AND CONSUMERS

CHARACTER GROUP (CCT.L)

The British toy maker abandoned its annual forecast on April 11, saying it expected the tariff effects on China to be felt in the second half of 2025.

DIAGEO (DGE.L)

The British spirits maker withdrew its medium-term organic sales growth forecast on February 4, acknowledging a prolonged downturn in demand and uncertainty over tariffs.

The risk of U.S. tariffs on Mexico and Canada from March added "further complexity" around the guidance and threatened $200 million worth of operating profit in the second half, company executives said.

LOGITECH (LOGN.S)

The Swiss-American computer parts maker pulled back its 2026 forecast on April 10, citing continued uncertainty stemming from Trump's trade policies. It maintained its 2025 sales forecast.

OTHER

PAGEGROUP (PAGE.L)

The British recruiter did not issue a financial forecast in its quarterly statement on April 9 amid "increasingly unpredictable" conditions.

  • Topic
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  • TARIFFS/COMPANIES
  • GUIDANCE (FACTBOX)
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