Trump Tariffs To Cost Global Firms $1.2 Trillion In 2025, With Consumers Bearing Two-Thirds Of The Burden, S&P Global Says

Benzinga 2025-10-17

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S&P Global estimates Trump’s tariffs will cost global firms $1.2T in 2025, with most costs passed to consumers. The report warns of shrinking profit margins and inflationary strain as companies adapt through tech and supply chain shifts.
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