Last month most firms passed on some of tariff surge

From Yahoo Finance: 2025-06-04 10:08:00

The majority of businesses in the New York Federal Reserve’s district passed on some of President Trump’s tariffs to customers, causing confusion. Manufacturers and service firms raised prices to offset cost increases. The latest tariffs doubled aluminum and steel import taxes, leading to price hikes in tariffed goods. Businesses are uncertain about the future impact of tariffs, struggling to make decisions under heightened uncertainty.



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