Tariff costs to companies this year to hit $1.2 trillion, with consumers taking most of the hit, S&P says (Jeff Cox/CNBC)

Jeff Cox / CNBC:
Tariff costs to companies this year to hit $1.2 trillion, with consumers taking most of the hit, S&P says … President Donald Trump's tariffs will cost global businesses upward of $1.2 trillion in 2025, with most of the cost being passed onto consumers, according to a new analysis from S&P Global.

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