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More US corporate giants warn tariffs will mean price hikes
Ford says Trump's taxes will cost company $1B
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In this Jan. 14, 2018, file photo Ford President and CEO Jim Hackett prepares to address the media at the North American International Auto Show in Detroit. Hackett said Wednesday, Sept. 16, during a television interview that the Trump administration's tariffs on imported steel and aluminum will cost the company $1 billion. - photo by Associated Press
DETROIT — From Ford to Walmart to Procter & Gamble, a growing number of iconic American companies are warning that President Donald Trump's tariffs on U.S. imports are raising their costs and prices.
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