*Procter & Gamble, a global consumer products giant, holds out potential price increases, if US President Donald Trump slams higher tariffs on countries producing such commodities, while seeking alternatives to passing higher costs to consumers

Isola Moses | 绿帽献妻

As United States (US) President Donald Trump moves to slam tariffs on imports from Canada, Mexico, China, and others from February 2025, a number of imported consumer products will likely cost more.

绿帽献妻 gathered this emerging scenario could include some popular items that Procter & Gamble (P&G), a consumer products giant, sells.

Trump repeatedly, has hinted that he might impose a 10 percent on Chinese imports within a few weeks.

The US President also threatened to slap 25 percent tariffs on Canada and Mexico, as part of an effort at persuading companies to return manufacturing to the American country.

Speaking on the implication of the Trump administration’s avowed higher tariff regime,

Andre Schulten, P&G鈥檚 chief Financial Officer, held out potential price hikes during a conference call with reporters regarding the company鈥檚 latest quarterly earnings release.

Schulten told reporters: “Whatever the administration decides to do, we will be able to deal with.”

Available options, if鈥�, by Schulten

On possible options open to the conglomerate in view of imminent higher tariffs, Schulten, however, said raising prices would be a last resort.

It might be possible to cut costs, reducing any price increase, stated he.

And if P&G does raise prices, Schulten said it would be done on an incremental basis.

Some of P&G鈥檚 products

Here are just a few of the consumer products produced by P&G:

• Tide detergent
• Gillette razors
• Head & Shoulders shampoo
• Dawn dish soap
• Pampers disposable diapers
• Crest toothpaste
• Charmin toilet paper

Some of these products are produced overseas and imported into the U.S.

However, P&G has invested heavily in US manufacturing since 2019.

The company also reportedly has the flexibility to alter some product ingredients should tariffs drive up production costs.

Meanwhile, it isn鈥檛 clear whether tariffs will be increased or by how much.

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