Trump’s trade war spreads more gloom for businesses across multiple industries

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Open this photo in gallery: Jars of Nescafe Gold Instant coffee, part of food giant Nestle's portfolio, at the company's headquarters in Vevey, Switzerland, on Feb. 21, 2024. Nestle CEO Laurent Freixe told reporters in an earnings call that some political and economic decisions 'taken have rather undermined already soft consumer confidence.'Denis Balibouse/Reuters Businesses across multiple industries are increasing prices, cutting financial guidance and warning of growing uncertainty as U.S. President Donald Trump’s trade war pushes up costs, up-ends supply chains and stirs concerns about the global economy. Thursday’s earnings made it clear that corporations around the world ran into...