Trump’s tariffs cost companies $1.2 trillion as consumers feel the pinch, study reveals

Oct 20, 2025 - 00:15
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Trump’s tariffs cost companies $1.2 trillion as consumers feel the pinch, study reveals
US President Donald Trump's tariffs are causing a $1.2 trillion increase increase in corporate costs this year, significantly impacting consumers with higher prices. The report indicates that two-thirds of the estimated $907 billion lost profit is passed to consumers. 

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