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