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Stocktwits on MSNConagra Stock Tumbles As Profit Forecast Comes Below Wall Street Expectations On Trump Tariff ImpactConagra Brands’ (CAG) forecast of fiscal 2026 profit came in below Wall Street expectations on Thursday, as the packaged food maker battles higher costs due to U.S. President Donald Trump’s tariffs and tepid demand for its products.
The president noted that U.S. negotiators remained open to offers from trading partners, suggesting that tariffs could be reduced before — or even after — the deadline on Aug. 1.
US stocks fell on Friday after President Donald Trump threatened a 35% tariff on Canada — a sharp escalation in an ongoing trade war.
21hon MSN
SAO PAULO (AP) — President Donald Trump’s threat to boost import taxes by 50% on Brazilian goods could drive up the cost of breakfast in the United States. The prices of coffee and orange juice — two staples of the American morning diet — could be severely impacted if there’s no agreement by Aug. 1.