McDonald's, Starbucks, and other US chains could face anti-American pushback, Wall Street fears

[Yo_Mama_Been_Loggin]

As companies scramble to respond to Trump's wide-ranging reciprocal tariffs, anti-American sentiment towards US brands is emerging as another concern.

A baseline tariff of 10% went into effect on April 5, while higher reciprocal tariffs are set to begin on April 9.

For food chains, the headwind from tariffs on commodity imports is relatively small, as many ingredients are domestically grown and most imports from Canada and Mexico are exempt under the United States-Mexico-Canada Agreement (USMCA). But brands like McDonald's (MCD), Yum! Brands (YUM), Starbucks (SBUX), and Domino's (DPZ) have exposure to international markets that could hurt them as customers pull back, BTIG analyst Peter Saleh said.

"The bigger issue, in my mind, is the anti-American pushback in these countries on Western or US brands ... we'll see ... what companies say when they start reporting in the next couple of weeks, if they're starting to see that already," Saleh told Yahoo Finance.

https://finance.yahoo.com/news/mcdonalds-starbucks-and-other-us-chains-could-face-anti-american-pushback-wall-street-fears-200300110.html

[Irish_Dem]

1. Trump is ruining the American brand.

American CEOs loved Trump because he is a crook.
He was going to help them cheat and grift off of the American consumers and taxpayers.

It never occurred to them Trump would screw them over too.

Entitled, privileged idiots.

[Basso8vb]

2. The rest of the world thinks we're mostly A-holes now.

It's hard to disagree.