A new global report warns that tariffs imposed by major economies could cost companies worldwide an estimated $1.2 trillion in 2025. The analysis indicates that a significant portion of the cost will ultimately fall on consumers through higher prices and slower economic growth.
According to the report, the tariffs—introduced amid escalating trade tensions—are driving up supply chain expenses, squeezing corporate profits, and increasing production costs across sectors. Economists noted that industries relying heavily on imports, such as manufacturing and retail, are expected to face the sharpest financial impact.
The findings highlight growing concern among analysts that prolonged trade barriers may strain global markets, disrupt supply chains, and intensify inflationary pressures already affecting consumers. Experts have urged policymakers to consider the long-term economic risks of protectionist measures as businesses grapple with higher operating costs and reduced competitiveness.
