TOKYO — U.S. President Donald Trump’s sweeping tariffs are weighing on earnings of Southeast Asian companies, with canned tuna manufacturer Thai Union downgrading its forecast and an electronics manufacturer warning of a potential impact after July.
Thai Union, which owns U.S.-based Chicken of the Sea, has revised its sales growth for the year ending December from the previous 3%-4% to 1%-3%, assuming a blanket 10% tariff announced in early April by Trump.
