In this April 2, 2025, file photo, people shop at a Target store in New York. Michael M. Santiago/Getty Images, FILE

Executives at major corporations, including Target, Goldman Sachs and Pepsi, have invoked the same one-word boogeyman on recent earnings calls: " Uncertainty ."

Concern among companies big and small about the unsteady business environment has centered on President Donald Trump's tariff policies, which the White House has altered numerous times since Trump took office.

A pair of court rulings last week thrust Trump's steepest tariffs into limbo, adding another layer of uncertainty as federal appeals court judges determine whether a major swath of the policies pass legal muster.

In response to the tariff shifts, many U.S. companies have opted to put hiring and

See Full Page