

Some of the world's biggest producers of food, consumer goods and cars delivered stronger-than-expected quarterly results on Thursday, easing investor concerns over the toll of U.S. President Donald Trump's import tariffs. Ahead of the third-quarter earnings season, global companies had warned of more than $35 billion in tariff-related costs as U.S. duties reach their highest since the 1930s. They're also contending with disrupted supply chains, weaker consumer confidence and higher input costs.
As Trump continues to wield trade policy as a negotiating tool, executives still face regular threats of further tariffs and worries that tariffs will lead to higher inflation and hurt household budgets. On Thursday, the busiest day for results so far this earnings season, some results suggested businesses are finding ways to pass on higher costs to customers or cut them - helping fuel stock market rallies.
Source: Reuters
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