P&G products could be casualty of Trump’s tariff war

Procter & Gamble Co. sales could be a casualty of President Donald Trump’s trade war with Canada, and profits could end up as collateral damage. The Cincinnati-based maker of consumer goods such as Bounty paper towels (NYSE: PG) said 10 percent tariffs were imposed July 1 on a variety of its products sold in Canada.  That was the first day of P&G’s 2018-19 fiscal year, so the impact of the tariffs might not be evident July 31, when the company reveals its earnings for the fiscal year that…

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