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Drink company that sells Guinness and Johnnie Walker sees $150M profit hit from tariffs
foxbusiness.com/markets/drink-company-sells-guinness-johnnie-walker-sees-150m-profit-hit-from-tariffs
The world's biggest spirits maker, Diageo, said on Monday that the impact of President Trump's tariffs is expected to be $150 million "on an annualized basis."
A 10% tariff on United Kingdom and European imports into the U.S. is the causing factor, the company said in a fiscal third…
This story appeared on foxbusiness.com, 2025-05-19 11:54:10.