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Global companies hit by more than $35 billion in US tariffs, but outlook stabilizing
New trade deals with the European Union and Japan have helped reduce tariff costs, though global firms still face a combined $35 billion impact from U.S. tariffs in 2025 and 2026.
- Heading into third-quarter earnings, GLOBAL companies flagged more than $35 billion in U.S. tariffs costs, with many lowering forecasts after trade deals with the EU and Japan.
- The tariff push began with April's 'Liberation Day' tariffs, and President Donald Trump floated 100 per cent tariffs on China while exempting about a third of Brazil's exports with a 50 per cent tariff.
- Companies cited price increases and margin pressure, with Ford expecting a $3 billion impact and Stellantis warning of a 1.5 billion euro hit, while H&M CEO Daniel Erver said `We are cautious about the U.S. heading into the fourth quarter`.
- Corporate leaders responded with increased optimism as President Donald Trump moved toward tariff relief that could eliminate many costs, while Europe's Stoxx 600 is expected to grow 0.5 per cent and S&P 500 earnings slowed to 9.3 per cent.
- The analysis shows companies expect a $21 billion to $22.9 billion hit for 2025 and nearly $15 billion for 2026, concentrated in about 60 firms reliant on suppliers without trade deals.
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Global companies hit by more than US$35 billion in U.S. tariffs, but outlook stabilizing
Global companies have flagged more than US$35 billion in costs from U.S. tariffs heading into third-quarter earnings, but many are lowering their initial forecasts as new trade deals reduce exposure to President Donald Trump‘s levies
·Canada
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Global companies hit by more than $35 billion in US tariffs, but outlook stabilizing
Global companies have flagged more than $35 billion in costs from U.S. tariffs heading into third-quarter earnings, but many are lowering their initial forecasts as new trade deals reduce exposure to President Donald Trump's levies.
·United Kingdom
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E24Reposted by 
Aftenposten
AftenpostenThe president's tariff bombshell hit the global economy hard, but business leaders say they've learned to live with it. Toyota, Nike and H&M are paying the price.
·Oslo, Norway
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Total News Sources15
Leaning Left1Leaning Right4Center5Last UpdatedBias Distribution50% Center
Bias Distribution
- 50% of the sources are Center
50% Center
C 50%
R 40%
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