FT Professional Glossary
Fallout
The bad results of a situation or an action. To have an argument with somebody so that you are no longer friendly with them
Example usage from an FT article:
Toyota has warned operating profits will fall 21 per cent this fiscal year due to the fallout from President Donald Trump’s trade war, increasing the pressure on Japan to reach a deal on tariffs with the US.
Excerpt from "Toyota warns profits set to fall 21% as Trump tariffs take their toll"