This story was originally published on Manufacturing Dive. To receive daily news and insights, subscribe to our free daily Manufacturing Dive newsletter. Dive Brief: Manufacturers are planning to pass along cost increases and raise sales prices as input costs rise due to tariffs, according to the Institute for Supply Management’s December 2025 Supply Chain Planning Forecast published Tuesday. Among the manufacturing leaders surveyed for the forecast, 32% said they plan to pass on all of their tariff-re ...

Group 1: Company Earnings and Guidance Adjustments - Amazon warned that "tariffs and trade policies" may complicate its future results, citing "inherently unpredictable" outcomes due to global economic and geopolitical conditions [1] - General Motors lowered its earnings forecast for 2025 to between $10 billion and $12.5 billion, down from $13.7 billion to $15.7 billion, due to the "new trade policy environment" [2] - McDonald's reported a 3.6% decline in U.S. same-store sales, the largest decrease since 2020, attributing it to consumer uncertainty [2] - Stellantis suspended its full-year financial guidance for 2025 due to "tariff-related uncertainties" [2] - Mercedes pulled its full-year outlook for 2025, citing high volatility regarding tariff policies [2] - UPS withdrew its full-year guidance after previously forecasting revenue of $89 billion for 2025, citing "current macro-economic uncertainty" [2] - Kraft Heinz lowered its full-year outlook due to a volatile operating environment and macro-economic pressures [3] - JetBlue pulled its full-year outlook for 2025 because of macroeconomic uncertainty [3] - Snap declined to issue guidance for its second quarter due to uncertainty in advertising demand [4] - PepsiCo lowered its earnings forecast for 2025, expecting higher supply chain costs due to tariffs and macroeconomic volatility [5] - Procter & Gamble lowered its sales growth projections for the year, citing a challenging consumer environment [5] - American Airlines pulled its full-year guidance, indicating significant weakness in demand due to economic uncertainty worsened by tariffs [6] - Thermo Fisher Scientific withdrew its full-year profit forecast, expecting a $400 million hit in sales to China due to tariffs [7] - Chipotle lowered its full-year same-store sales growth expectations, anticipating reduced consumer spending [8] - Delta pulled its full-year guidance due to broad macro uncertainty [9] Group 2: Employment and Layoffs - Several companies, including Mack Trucks and Volvo Group, announced layoffs totaling 800 employees, citing market uncertainty and the impact of tariffs [10] - Stellantis and Estée Lauder also announced layoffs related to tariff impacts [10] - Goldman Sachs noted that while Trump's tariffs might create about 100,000 manufacturing jobs, they could also lead to the loss of up to 500,000 jobs across all industries [10] Group 3: Tariff Policy Context - Trump's tariffs were implemented during a recent trade policy shift, with a 90-day pause announced but a baseline 10% remaining, and China facing 145% tariffs [11] - Industry leaders, including Ford's CEO, warned that tariffs could significantly harm the U.S. industry [11] - The administration aims to "rebalance global trade" through tariff negotiations, seeking a balanced and fair global trade system [12]