Trump Tariffs To Cost Global Firms $1.2 Trillion In 2025, With Consumers Bearing Two-Thirds Of The Burden, S&P Global Says

Benzinga

S&P Global estimates Trump’s tariffs will cost global firms $1.2T in 2025, with most costs passed to consumers. The report warns of shrinking profit margins and inflationary strain as companies adapt through tech and supply chain shifts.

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00:00It's Benzinga, bringing Wall Street to Main Street.

00:02S&P Global estimated Thursday that Trump's tariffs will cost global businesses more than $1.2 trillion in 2025,

00:09with two-thirds of the costs passed on to consumers, according to CNBC.

00:13The analysis, based on data from 15,000 analysts across 9,000 companies,

00:17found that tariffs and trade barriers are draining corporate profits and fueling inflationary pressures.

00:22While the White House claims foreign exporters will show their most of the burden,

00:25S&P's report shows U.S. consumers face the steepest hit.

00:29Firm Project's profit margins will contract by 64 basis points in 2025,

00:34proving only gradually through 2028 as companies adapt through technology and reshape supply chains.

00:40For all things money, visit Benzinga.com.

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