S&P Analysis: Trump Tariffs to Cost Companies $1.2 Trillion in 2025, Consumers Bear Majority Burden
According to a new S&P Global analysis, President Donald Trump’s tariffs are projected to cost global companies $1.2 trillion in 2025. The report indicates consumers will bear approximately two-thirds of this financial burden through higher prices and reduced purchasing power.
Massive Tariff Costs Projected for Global Businesses
President Donald Trump‘s tariff policies will cost global businesses upwards of $1.2 trillion in 2025, with most expenses being passed to consumers, according to a new analysis from S&P Global. The firm released a white paper on Thursday containing these projections, which analysts suggest represent conservative estimates of the additional expenses companies will face.