The company’s executive officials warn of the impact of definitions

Senior executives of well -known American companies warn of the impact of the customs tariff on their companies and the broader economy.

Intel giant technology, shoe maker, Procter & Gamble, a shoe maker, either reduced profit forecast or withdrawn from economic insecurity.

US President Donald Trump is trying to balance relations with the main commercial partners using a sharp tariff to bring them to the negotiating table.

No new trade agreements have been announced between the United States and other countries yet, but there have been signs of progress in talks with South Korea.

“The fluid trade policies in the United States and beyond, as well as the organizational risks, have increased the opportunity to make an economic slowdown with the possibility of stagnation,” David Zensner, Intel’s financial manager, said during a call with investors.

“We will definitely see an increase in costs,” he added, while the California -based company announced its profit expectations and dark revenues.

Intel shares decreased by more than 5 % in trading extending after these notes.

Outside the technology industry, Ske Shiers makers were disappointed. The company witnessed a decrease in its shares after withdrawing its annual expectations.

“The current environment is simply very dynamic through which to plan results with a reasonable guarantee of success,” David Winberg, Square’s chief operational officer, told David Winberg to investors in a post -profit call.

Uses – such as Nike, Adidas and Puma competitors – factories in Asia, especially in China, to make their products.

Comments from the ProCter & Gamble (P&G) also delivered CEOs to how customs tariffs mean higher prices for their customers.

ARIEL, Head & Lexers, and Gillette said he is studying changes to their prices to compensate for the additional cost of materials obtained from China and other places. She also said she expects sales to grow less than previously expected.

“We will search for every opportunity to alleviate the effect,” said André Scholdin, the P&G president, adding that there will be adjustments to the “level of consumer prices.”

The Japanese owner of 7-Eleven stores, Seven & I, said he also feels the influence of trade tensions.

North America represents more than 70 % of its sales.

Her CEO, Stephen Dakus, told the BBC about the uncertainty facing the company.

“We don’t know what this tariff will be. We have seen some news recently as it changed a little, so it is a bit difficult to understand the final impact,” he said.

“Reducing prices and lowering quality usually does not work … So what you have to do … is to find ways to maintain quality while lowering costs.”

They join a growing list of companies around the world that warned of the impact of Trump’s commercial policies.

Hyundai, which made South Korean cars, announced on Friday that it had created a business group to find ways to deal with the repercussions of definitions.

“We expect difficult businesses to continue due to the intensification of commercial conflicts and other unexpected macroeconomic factors,” she said.

He added that he is considering transferring some manufacturing from South Korea.

The company has already transferred some production from Mexico to the United States, which represents about a third of its global sales.

Meanwhile, there were signs that the talks on Thursday between the United States and South Korean trade officials in Washington, DC, aimed at removing definitions were positive.

US Treasury Secretary Scott Bessin said the two sides held a “very successful” meeting.

“We may move faster than I believed, and we will talk about technical terms early next week,” he told reporters after the meeting.

The South Korean Minister of Industry, Ahn Duk-John, who also participated in the talks, chanted Bessin’s optimism and added that they were working towards the “July Package”.

A 90 -day stopping period is scheduled to end the high tariffs that affect dozens of countries on July 8.

Trump said that more than 70 countries have continued to start negotiations since the announcement of definitions.