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Honeywell’s (NASDAQ:HON) Q1 Sales Beat Estimates

Industrial conglomerate Honeywell (NASDAQ:HON) reported Q1 CY2025 results beating Wall Street’s revenue expectations, with sales up 7.9% year on year to $9.82 billion. On the other hand, the company’s full-year revenue guidance of $40.05 billion at the midpoint came in 0.7% below analysts’ estimates. Its non-GAAP profit of $2.51 per share was 13.6% above analysts’ consensus estimates.

Smithfield Foods says tariffs make China unviable market for its US pork

(Reuters) -China, the world's biggest pork consumer, is no longer a viable market for top U.S. pork processor Smithfield Foods due to retaliatory tariffs by Beijing, company executives said on Tuesday. The sales disruption shows how the tariff war escalated by U.S. President Donald Trump is upending global trade and forcing changes at a prominent food company that pays U.S. farmers to raise hogs that are slaughtered for meat. China increased its levies on imports of U.S. goods this month, hitting back at Trump's decision to single out the world's No. 2 economy for higher duties.