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📌Analyses based on company disclosures have shown that the trade war initiated by President Donald Trump has cost companies more than $34 billion due to declining sales and rising costs.
📌Experts expect this cost to continue rising amid ongoing uncertainty regarding tariff policies, which has paralyzed investment decisions at major global companies.
📌Across the United States, Asia, and Europe, major companies like Apple, Ford, Porsche, and Sony have lowered their profit forecasts, while most have confirmed that the volatile nature of Trump's trade policies has made it difficult to estimate costs accurately.
