Shoppers at supermarkets should expect to fork over extra cash on everyday goods from toilet paper and toothpaste to chocolate bars and ketchup as companies pass on the added cost from President Trump’s tariffs.
Procter & Gamble – known for its household staples – announced it will raise prices on about a quarter of its products in the US to counter a mega $1 billion tariff impact.
The higher prices will appear next month in the mid-single digit percentages, according to Chief Financial Officer Andre Schulten.
P&G sells baby care and diapers from brands like Luvs and Pampers, detergent from Tide and Gain, Bounty paper towels, Puffs tissues and Charmin toilet paper, as well as pads, tampons and razors. 5
Hershey, which owns candy bar brands Reese’s and Kit Kat, said it will be rais