Companies Projected to Pay At Least $1.2T More in 2025 Due to Tariffs
Companies will shell out at least $1.2 trillion more in 2025 expenses than they projected at the beginning of the year, according to a new study released by S&P Global Market Intelligence. Much of that burden will fall to consumers, the firm wrote. More from Sourcing Journal The impact will be global, analysts believe, with at least two-thirds of a $907 billion expense shock to trickle down to shoppers. That’s $592 billion in higher prices for consumers, while the rest is expected to be absorbed by corpo ...