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Today in tariffs: VW cuts guidance as LG Electronics profit falls on weak TV sales - Finnoexpert

Summary by Finnoexpert
A string of global companies, among them Volkswagen and LG Electronics, have been the latest to report back to investors just how U.S. tariff strains have been hitting their bottom line. Source link
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3 Articles

[Digital Daily Reporter Ok Song-i] The high tariffs in the US have finally caught up with LG Electronics. LG Electronics posted operating profit in the second quarter that was half that of the previous year, facing negative factors such as tariff burden and increased logistics costs due to changes in US trade policy, amid continued sluggish demand in major markets. Despite difficult business environments both domestically and internationally, ho…

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LG Electronics' revenue, operating profit and after-tax profit all fell in the second quarter of this year. South Korean technology giant LG Electronics' after-tax profit ... ...

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Finnoexpert broke the news in on Friday, July 25, 2025.
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