A recent survey by Allianz reveals that over half (54%) of US companies intend to raise prices to cope with tariffs enacted by the Trump administration. Only 22% of the firms are able to absorb these extra costs. The unpredictability of US trade policy has eroded exporters' confidence, leading 42% of them to expect turnover declines. While tariff rates remain high, many companies have stockpiled goods to delay price hikes, although consumer inflation expectations have surged to levels not seen since 1981. Initial tariff impacts on pricing are yet to be fully realized in economic data.
A majority of US companies anticipate raising prices to counteract the financial burden of tariffs imposed by the Trump administration, reflecting uncertainty in trade policy.
More than half of the surveyed US companies indicated that they would need to increase their prices due to tariffs, significantly affecting consumer expectations of inflation.
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