JOURNAL ARTICLE

RTX Falls After Outlining Potential Tariff Impact on Business.

  • Published In: Bloomberg.com, 2025. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Porter, Kiel 3 of 3

Abstract

RTX Corp. saw a 4.5% drop in pre-market trading after warning of potential tariff impacts from President Donald Trump's trade policies. The company estimated a $250 million hit to operating profit from tariffs on Canada, Mexico, and China, as well as additional impacts from global reciprocal tariffs and steel and aluminum tariffs. Despite the uncertainty, RTX reaffirmed its full-year guidance and expressed confidence in its operational performance and backlog. Aerospace manufacturers like RTX are navigating the challenges of global trade tensions while also capitalizing on strong demand for jet-engine maintenance services. [Extracted from the article]

Additional Information

  • Source:Bloomberg.com. 2025/04, pN.PAG
  • Document Type:Article
  • Subject Area:Business and Management
  • Publication Date:2025
  • Accession Number:184676128
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