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Tariffs are expected to worsen the divide between Main Street and Wall Street

  • Companies across various industries face challenges assessing tariff impacts.
  • Persistent uncertainty about tax imposition or postponement causes this difficulty.
  • Firms like Kimberly-Clark and RTX anticipate substantial tariff-related cost increases.
  • RTX expects roughly $500 million in costs, and 3M's CEO stated, "tariffs are going to be a headwind."
  • Consequently, companies revise forecasts and seek alternative production sites to lessen tariff effects.
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Tackling tariffs: What some companies are saying, and doing, about tariffs

Tariffs have been forcing companies to give somewhat shaky financial forecasts during their latest round earnings updates.

·United States
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Fortune broke the news in New York, United States on Tuesday, April 22, 2025.
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