Consumer product giant Procter & Gamble announced on Tuesday that it would raise the prices of around 25% of its products, in part due to higher costs from President Donald Trump’s tariffs.

U.S. President Donald Trump is getting his tariffs. Companies are making it clear how they intend to deal with it - passing them on to American consumers. Throughout the spring, big retailers and consumer product makers warned that levies on imported goods would squeeze their operations,

As expected, Procter & Gamble on Tuesday, July 29, reported its poorest sales increase since 2018, with organic sales growth up just 2%.

"Tariffs on food imports will likely lead to higher food prices, making consumers worse off," the Tax Foundation said.

Procter & Gamble, the maker of a number of household staples including Tide detergent and Charmin toilet paper,

President Donald Trump's blanket tariffs scheduled for Aug. 1 could bring higher prices on certain foods, economist says. Here's what to know.

The question of how new tariffs will affect prices is more relevant than ever, with President Donald Trump's new reciprocal tariff deadline only days away and a new Consumer Price Index summary showing that the inflation rate was 2.

One economist told Newsweek that companies may be wary of "consumer backlash" if they hike prices to mitigate the tariffs' impact.

As President Donald Trump prepares to announce new tariff increases, the costs of his policies are starting to come into focus for a domestic manufacturing sector that depends on global supply chains, with a new analysis suggesting factory costs could increase by roughly 2 percent to 4.5 percent.