Jack Daniels maker Brown Forman has suffered slower sales growth due to tariffs, providing a taste of what’s to come for Mexico’s tequila makers. American Axle expects both direct and indirect costs from forthcoming U.S. duties on Mexican exports. Also: Trump wins by losing less against China in trade war’s ninth month; Cummins has manifold tariff risks, including Mexico; wider trade deficit gives Trump reason to stay hawkish with Mexico, EU; Canada pays the price for China spat yet remains robust; and Trump hits pause on tariff extension decision.
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