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3M Dodges Major Tariff Hit, Now Expects Profits to Improve This Year

Summary by Star Tribune
The Minnesota manufacturer escaped a worst-case trade war scenario with high tariffs on and from China thanks to President Donald Trump’s policy.

6 Articles

US industrial and consumer products manufacturer 3M reported attributable net income of $723 million in the second quarter of 2025, down 36.8% from a year earlier, the multinational said, revising upward its earnings per share forecast despite the estimated negative impact of tariffs, it reported this […] The post 3M saw 37% lower profit in the second quarter appeared first on Monitor Mercantil.

The US manufacturer of industrial and consumer products 3M recorded a net profit attributed to 723 million dollars (623 million euros) in the second quarter of 2025, 36.8% less than a year earlier, according to the multinational, which has revised upwards its forecast of profits per share, despite the estimated negative impact in relation to tariffs.

MADRID, 18 (EUROPA PRESS) The US manufacturer of industrial and consumer products 3M recorded a net profit attributed to 723 million dollars (623 million euros) in the second quarter of 2025, 36.8% less than a year earlier, according to the multinational, who has revised its forecast upwards [...] The 3M entry gains 37% less in the second trimester, but raises forecasts despite the tariffs appear first in Forbes Spain.

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Star Tribune broke the news in Minneapolis, United States on Friday, July 18, 2025.
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