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Toilet paper, laundry detergent prices rising due to tariffs.
The maker of Tide and Charmin said it will raise prices in part because of tariffsProcter & 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, going into effect next month.
P&G previously warned in April that it was going to increase prices due to 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, going into effect next month.
P&G previously warned in April that it was going to increase prices due to tariffs.
P&G joins a long list of well-known companies that are increasing prices because of Trump’s often erratic stance on tariffs. Nike, Walmart, Best Buy as well as car companies Ford and Subaru have all said they are raising prices.
https://www.cnn.com/2025/07/29/business/tide-charmin-price-increases
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