Jameson owner warns of ‘volatile’ and ‘very fluid’ tariff situation

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In a trading update on Thursday, the group said the situation remains “very volatile” after the Trump administration paused so-called reciprocal tariffs for 90 days to allow discussions to occur. Photograph: Bloomberg Pernod Ricard, the French-listed drinks group that makes Jameson and Powers Irish whiskey, reported a decline in third-quarter sales on Thursday, missing analysts’ forecasts, amid a “challenging” and “very fluid” situation after US president Donald Trump’s tariff threats. In a trading update on Thursday, the group said the situation remains “very volatile” after the Trump administration paused so-called reciprocal tariffs for 90 days to allow discussions to occur....