From www.journalofaccountancy.com: (US context) A recent Gartner survey indicated that 73% of tariff-related cost increases will be passed on to consumers, with nearly 59% of CFOs expecting their companies to absorb little to no additional costs.

Many finance leaders are focusing on cost management and supply chain adjustments to mitigate financial impacts from tariffs, while a significant portion of CPA decision-makers predicted a negative impact on their businesses.

Amidst ongoing tariff discussions, uncertainty remains prevalent, with companies cautious about potential retaliatory measures and rising prices.