#Latest news with #revenueImpactBloomberg23-05-2025BusinessBloombergUS Firms Face Biggest Hit From Trump Tariffs, HSBC Survey ShowsUS businesses are the most worried about the impact of President Donald Trump's shifting tariff policies on their revenues, with more than half projecting a hit of at least 25% to their revenue, according to a survey by HSBC Holdings Plc. About a quarter of US companies that took part in the British lender's trade survey released Friday said they were forecasting their revenues more than halving over the next two years due to the impact of the levies on their supply chains.
Bloomberg23-05-2025BusinessBloombergUS Firms Face Biggest Hit From Trump Tariffs, HSBC Survey ShowsUS businesses are the most worried about the impact of President Donald Trump's shifting tariff policies on their revenues, with more than half projecting a hit of at least 25% to their revenue, according to a survey by HSBC Holdings Plc. About a quarter of US companies that took part in the British lender's trade survey released Friday said they were forecasting their revenues more than halving over the next two years due to the impact of the levies on their supply chains.