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UPS Cuts 20,000 Jobs, GM Delays Investor Call as Trump’s Tariffs Trigger Corporate Fallout

The ripple effects of President Donald Trump’s sweeping tariff policies continued to batter corporate America on Tuesday, with major firms slashing jobs, suspending forecasts, and delaying investor guidance amid escalating uncertainty in global markets, Reuters reported. United Parcel Service (UPS) announced it would cut 20,000 jobs in response to declining...