Diageo steps up cost-cutting to buffer macro, tariff headwinds

powerofforever/iStock Unreleased via Getty Images

To weather macroeconomic headwinds and protect margins amid evolving trade policies, Diageo (NYSE:DEO) is stepping up its belt-tightening measures, targeting an extra $125 million in cost savings over the next three years.

“While macroeconomic uncertainty and the resulting pressure on