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P&G estimates $1 bn tariff hit, plans some US price hikes
P&G estimates $1 bn tariff hit, plans some US price hikes
Economy
by  AFP

Procter & Gamble executives projected a $1 billion hit from US tariffs over the next year on Tuesday as the consumer products giant said it would institute limited price hikes in the United States. But P&G executives said they don't have enough details about the just-announced deal between the United States and Europe to update the forecast.