Amid growing tariff uncertainty and shifting economic signals, companies across sectors are rethinking their profit forecasts and recalibrating expectations for the year ahead.<\/p>\n
Here\u2019s a list of companies feeling the impact of US tariffs on balance sheets and strategies.<\/p>\n
PepsiCo<\/strong><\/p>\n PepsiCo (PEP<\/a>) on Thursday cut its annual<\/a> profit forecast and warned of higher production costs and more volatility from President Donald Trump’s on-again off-again trade tariffs.<\/p>\n “As we look ahead, we expect more volatility and uncertainty, particularly related to global trade developments, which we expect will increase our supply chain costs,” CEO Ramon Laguarta said in a statement.<\/p>\n American Airlines<\/strong><\/p>\n American Airlines (AAL<\/a>) withdrew its 2025 financial forecast<\/a> on Thursday, mirroring its peers, as concerns over discretionary budget amid tariff pressures and government spending uncertainties hinder carriers’ ability to predict travel demand.<\/p>\n Merck<\/strong><\/p>\n For the full year, Merck (MRK<\/a>) lowered its earnings outlook slightly, citing an estimated $200 million<\/a> in additional costs for tariffs implemented to date and a charge related to a licensing deal with Hengrui Pharma.<\/p>\n Hasbro<\/strong><\/p>\n