Global Firms Face $35B Tariff Impact Amid Trade Deal Relief

Multinational corporations face over $35 billion in tariff-related expenses due to U.S. policies, according to company reports. New trade agreements with Japan and the EU have helped reduce exposure. Uncertainties remain for companies without trade deals. S&P 500 earnings growth is projected at 9.3% for Q3, down from 13.8% in Q2.