Archive · 23 Nov 2025
CEOs Less Anxious About Tariffs After a Year of Trade Uncertainty
After a year of President Trump's trade war, business leaders are feeling better about tariffs.
They're paying less than expected and finding ways to deal with the costs.
The government has even rolled back some tariffs to help with living costs.
Companies have passed on about two-thirds of the costs to customers.
Business leaders are less gloomy about tariffs than earlier in the year
Real tariffs paid by companies are lower than headline figures
Companies have found ways to mitigate tariff costs
Trump administration has rolled back some tariffs in response to consumer concerns
Companies have passed along about two-thirds of tariff costs to consumers
- Who
- Business leaders, President Trump, consumers
- What
- Adjusting to tariffs, finding ways to mitigate costs, rolling back tariffs
- When
- Over the past year, with recent changes in the past few months
- Where
- United States, globally
- Why
- To protect domestic industries, manage living costs, and deal with trade disputes
Optimistic about tariffs
Cautious about tariffs
Impact of tariffs on businesses
Optimistic about tariffs
Business leaders are less gloomy about tariffs and find them manageable
Cautious about tariffs
Some businesses face significant costs and uncertainty, especially in industries like wood products
- Tariff rate in January
- About 2% of import value
- Tariff rate in October
- About 12% of import value
- Percentage of tariff costs passed to consumers
- About two-thirds, excluding food and energy