Over half (54%) of companies surveyed by insurer Allianz say they will have to raise prices to accommodate cost of tariffs

Over half (54%) of companies surveyed by insurer Allianz say they will have to raise prices to accommodate cost of tariffs

A majority of US companies say they will have to raise their prices to accommodate Donald Trump’s tariffs in the US, according to a new report.

More than half (54%) of the US companies surveyed by insurance company Allianz said they will have to raise prices to accommodate the cost of the tariffs. Of the 4,500 companies across nine countries, including the US, UK and China, surveyed by Allianz only 22% said they can absorb the increased costs.

The unpredictability of US trade policy has also dented exporters’ confidence. The survey found 42% of exporting companies now anticipate turnover to decline between -2% and -10% over the next 12 months, compared to fewer than 5% before 2 April “liberation day” – when Trump unveiled his tariff policy.

  • tal@lemmy.todayEnglish
    15·
    21 hours ago

    They need to line item that bullshit on their reciepts:

    Amazon was going to do so and the Trump administration went after them over it. We had an article here about it recently.

    https://www.cnn.com/2025/04/29/business/white-house-calls-report-that-amazon-is-adding-a-tariff-charge-a-hostile-action

    A ‘p*ssed’ Trump called Jeff Bezos after learning Amazon considered breaking out a tariff charge

    Punchbowl News first reported that Amazon will soon “display how much of an item’s cost is derived from tariffs — right next to the product’s total listed price.” The move could directly illustrate to American consumers how Trump’s tariffs are affecting the cost of goods. Trump has slapped 145% tariffs on imports from China and a 10% minimum tax on all other countries.

    The call came shortly after one of the senior officials phoned the president to inform him of the story.

    It does kind of highlight how concerned the Trump administration is about having the costs linked to their policies in the eyes of the public.