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Nike, FedEx latest to pull back forecasts on Trump uncertainty

Many companies were initially reticent to pin cloudy outlooks specifically on Trump’s tariffs, but that sentiment has shifted



Nike and FedEx have lowered their financial forecasts due to economic uncertainty stemming from factors like inflation, currency swings, softening demand, and President Trump's policies, including tariffs. Other companies, including Delta Air Lines Inc., have also slashed their forecasts.

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