Reported about 23 hours ago
U.S. President Donald Trump's imposition of tariffs is prompting companies to pass the increased costs onto American consumers, leading to price hikes on a range of household products. Major retailers and manufacturers, including Procter & Gamble, are raising prices to offset tariff impacts, which may exacerbate challenges for consumers already facing high costs. This trend is expected to deepen companies' struggles with sales as they navigate financial pressures from tariffs amidst a cautious consumer market.
Source: YAHOO