Diageo: Guinness maker warns tariffs could offset recovery

Drinks giant Diageo has cautioned on the effects of Donald Trump’s tariffs on its business, which outperformed analysts’ expectations this year after a significant contraction last year. US tariffs, “whilst anticipated”, could “impact [our] building momentum,” the Guinness-maker’s chief executive Debra Crew said, adding that the levies clouded the company’s ability to predict what would [...]