Jon Moeller

Money Moves

Leading P&G's response to tariff and oil-price pressure

Procter & Gamble, which makes Tide, Pampers, Gillette, and roughly two dozen other brands found in most American homes, told investors Thursday it will absorb a $150 million cost hit next quarter from higher shipping and raw-material prices. Management pinned the increase on two forces: the 10% global tariff the Trump administration imposed last year and kept in place after the Supreme Court upheld it, and the spike in oil and freight costs set off by the 2026 Iran war.

Updated 3 hours ago