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Panjiva Daily: FedEx faces trade war toll; LG, Electrolux let tariffs wash over them

Global 1127 Panjiva Daily 521

FedEx saw lower revenues and profitability, and cut its guidance, as a result of the impact of the U.S.-China trade war’s tariffs – it may soon face non-tariff troubles too. U.S. washing machine tariffs have cut most imports, but LG and Electrolux are unbowed. Also: Intel, ON tackle semiconductor volatility from trade frictions as demand slows; Paris could sink USMCA passage, fish industry’s protection; India looks to cut coal imports, U.S. suppliers may pay the price; Austria burns down Mercosur-EU trade deal prospects; and season three of the Trade War Show continues with agriculture, ...

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