The Maker of Tide and Charmin Said It Will Raise Prices in Part because of Tariffs | News Channel 3-12

The maker of Tide and Charmin said it will raise prices in part because of tariffs | News Channel 3-12

By Jordan Valinsky, CNN New York (CNN) — Procter & Gamble, the maker of several household staples including Tide detergent and Charmin toilet paper, is hiking prices because of President Donald Trump’s tariffs. The company revealed in Tuesday’s earnings call that its profits will take a $1 billion hit because of tariffs, a larger cost the company originally projected in June. As a result, P&G will increase prices on about 25% of its products, go…

Procter & Gamble beats estimates but warns tariffs will start to weigh on earnings

Procter & Gamble reported quarterly results that beat Wall Street's expectations, but introduced 2026 guidance that included a $1 billion hit due to tariffs.