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Jon Moeller
Hartford, CT
On Your Side
P&G Hiking Prices On Household Essentials As Trump's Tariffs Bite
The company behind popular products like Bounty paper towels, Tide detergent, and Crest toothpaste will soon start raising prices due to President Donald Trump's tariffs. Procter & Gamble will start the price hikes in August as the company expects about $1 billion in added costs from Trump's tariffs during the 2026 fiscal year. P&G revealed the financial impact in its latest earnings report on Tuesday, July 29. The increases will apply to about a quarter of P&G's products sold in the US, Reuters reported. A company spokesperson said prices will rise by "mid-single…
Pelham, NY
On Your Side
Covid-
19: Some Popular Household Items Will Soon Cost More Due To Supply Issues
Some prominent household items are going to cost consumers more as companies prepare for potential strains on supplies due to a potential second COVID-19 wave. Proctor & Gamble became the latest company to announce that it plans to hike prices between 4 percent and 9 percent on items that include baby products, adult diapers, and feminine care brands beginning in September. Other items, such as Tide laundry detergent and Charmin toilet paper, may also become more expensive, depending on how the country rebounds from the latest surge of the virus. According to Proctor & Gamble CEO J…
