Tariffs are negatively impacting the stock performance of companies including Diageo, Fortis, and New Jersey Resources.

The entities involved

• Diageo →

  multinational alcoholic beverages company

  • Guinness is now owned by multinational drinks giant Diageo, and KEO has established a brewing institution in Cyprus.06:57
  • Diageo announced significant operational changes, including job cuts in Europe and production pauses in Texas and Oregon.00:45
• Donald Trump →

  American businessman and politician (born 1946), President of the United States (2017–2021; since 2025)

  • Sanders, the current Governor of Arkansas, is detailed as having previously worked as a Fox News commentator and Trump's press secretary.22:42
  • South Africa is facing potential trade disruptions due to the Trump administration's threat of withdrawing AGOA, impacting SA agricultural exports.22:41
• Fortis →

  finance company

  • On August 1, 2025, it was reported that Fortis belongs to the Zacks Utility - Electric Power industry.Tue 13:35
  • Fortis is expanding its presence in Bengaluru and has an existing facility in Rajajinagar.Thu 12:09
• New Jersey Resources →

  Nothing else this week.

Related events

• Tariffs implemented in April 2025 caused a significant market tailspin.Jun 7
• Trump's tariffs raised costs for American consumers and affected European manufacturers, including Continental in Frankfurt.15:45
• Canadian officials, including Doug Ford, are lobbying against U.S. tariffs imposed by Donald Trump due to potential negative economic impacts.Jun 10
• Trump's tariffs are affecting Canadian industries, prompting manufacturers to relocate production amid trade tensions.Jul 7