Are Tariffs hurting American businesses more than they help? Insights from Tesla and Akzo Nobel

  • Posted on April 23, 2025
  • By Business News Today
  • 5 Views
Are Tariffs hurting American businesses more than they help? Insights from Tesla and Akzo Nobel

Companies are grappling with tariff uncertainty and trade war unpredictability, impacting financial results and forecasts. While some tariffs are postponed for negotiations, shifts make cost and sales assessments difficult. Tesla faces challenges in its energy business due to Chinese battery cell sourcing, while Akzo Nobel anticipates potential demand reduction from broader tariffs affecting consumers and businesses.
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