
Good morning. Consumer pricing will be top of mind for companies across sectors with the impending rollout of new tariffs.
President Trump announced late Wednesday a comprehensive package of tariffs, including a broad 10% duty on all imports and a sliding scale of “discount reciprocal tariffs,” which actually are based on trade deficits with each nation. That includes a 34% tariff on goods from China and 20% on those from the EU, plus a raft of other high percentages for Vietnam, Taiwan, Japan, India and Indonesia, Fortune reported.