Diageo Warns of $200M Annual Tariff Hit as Profits Slide
August 8, 2025
Diageo is bracing for a steep tariff bill even as it expands cost-cutting efforts to offset a sharp drop in earnings. The drinks giant says
Diageo is bracing for a steep tariff bill even as it expands cost-cutting efforts to offset a sharp drop in earnings. The drinks giant says
U.S. manufacturing activity continued its downward slide in July, with persistent tariff-related cost pressures forcing firms to reassess sourcing strategies and slow hiring. While backlogs
Canada Post’s labor dispute deepened last week as unionized workers rejected two multi‑year contract offers, prolonging months of disruptions. The standoff, driven by wage demands
The European Union has opted to postpone its planned tariff countermeasures against the United States for another six months, signaling that both sides are still
Employment in U.S. transportation is improving, with jobless rates now below last year’s levels and under the national average. Gains in air and trucking jobs
The U.S. will resume country-specific tariffs next week under a new executive order signed by President Trump, setting rates as high as 41% and introducing
As companies shift production closer to end markets, procurement teams are moving beyond traditional sourcing models to shape entire regional supply ecosystems. Instead of optimizing
The U.S. is imposing 25% tariffs on Indian imports and threatening further penalties, citing trade imbalances and defense ties with Russia. The move complicates ongoing
Samsung has landed an eight-year, $16.5 billion deal to produce Tesla’s next-generation AI chips. The agreement gives the South Korean tech giant a critical boost
The reshoring trend is evolving, not into a wholesale return of manufacturing, but into precision-tuned sourcing strategies that calibrate volume based on demand volatility, cost
Diageo is bracing for a steep tariff bill even as it expands cost-cutting efforts to offset a sharp drop in earnings. The drinks giant says
U.S. manufacturing activity continued its downward slide in July, with persistent tariff-related cost pressures forcing firms to reassess sourcing strategies and slow hiring. While backlogs
Canada Post’s labor dispute deepened last week as unionized workers rejected two multi‑year contract offers, prolonging months of disruptions. The standoff, driven by wage demands
The European Union has opted to postpone its planned tariff countermeasures against the United States for another six months, signaling that both sides are still
Employment in U.S. transportation is improving, with jobless rates now below last year’s levels and under the national average. Gains in air and trucking jobs
The U.S. will resume country-specific tariffs next week under a new executive order signed by President Trump, setting rates as high as 41% and introducing
As companies shift production closer to end markets, procurement teams are moving beyond traditional sourcing models to shape entire regional supply ecosystems. Instead of optimizing
The U.S. is imposing 25% tariffs on Indian imports and threatening further penalties, citing trade imbalances and defense ties with Russia. The move complicates ongoing
Samsung has landed an eight-year, $16.5 billion deal to produce Tesla’s next-generation AI chips. The agreement gives the South Korean tech giant a critical boost
The reshoring trend is evolving, not into a wholesale return of manufacturing, but into precision-tuned sourcing strategies that calibrate volume based on demand volatility, cost