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International Business Times
International Business Times
Business

P&G Estimates $1 Bn Tariff Hit, Plans Some US Price Hikes

Procter & Gamble plans some price hikes in the United States as it mitigates a $1 billion tariff hit (Credit: AFP)

Procter & Gamble executives projected a $1 billion hit from US tariffs over the next year on Tuesday as the consumer products giant said it would institute limited price hikes in the United States.

The maker of Tide laundry detergent and Pampers diapers reported an uptick in quarterly profits following slightly higher sales, even as executives described more reticent consumer behavior compared with earlier in 2025.

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