ReferIndia News Tariffs Impact on U.S. Corporate Profits: A Double-Edged Sword

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Tariffs Impact on U.S. Corporate Profits: A Double-Edged Sword

Published on: Aug. 28, 2025, 6:31 p.m. | Source: Devdiscourse

U.S. corporate profits rebounded in Q2, but increased import tariffs could restrict future growth. Companies, including Caterpillar and General Motors, face significant cost impacts. The GDP grew by 3.3%, bolstered by consumer spending despite the volatile trade situation. The Fed is considering possible interest rate cuts amid rising labor market risks.

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