Wednesday, November 14, 2018

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Tariffs have taken over earnings calls this quarter. More than one-third of all S&P 500 companies reporting financial results have discussed the fallout from President Donald Trump‘s trade war, according to a FactSet search.

“That’s an expense that we really can’t pass on anywhere,” he added. “We have to eat the entire cost.”

As of Sept. 24, the U.S. has imposed a total of $250 billion of tariffs on China goods and China has retaliated with a total of $110 billion.

On Thursday, President Donald Trump tweeted that he spoke to Chinese President Xi Jinping amid concerns about escalating trade tensions between the world’s two largest economies.

Here are 12 executives on how tariffs have been hurting their companies since they went into effect in June.


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