Reuters reported the loss of about $35 billion by global companies due to US duties.

In the third quarter of this year, global companies suffered losses of more than $35 billion due to duties from the United States. This was reported by the Reuters news agency on October 20.

"Global companies reported losses of more than $35 billion due to U.S. duties in the third quarter, but many of them are lowering their initial forecasts as new trade agreements reduce dependence on the duties of the president [of the United States]. Donald Trump," the publication says.

According to the agency, global companies expect a total financial loss of between $21 billion and $22.9 billion in 2025, and about $15 billion in 2026.

As representatives of several companies noted, they are trying to stabilize their work taking into account duties and are trying to treat them as "another variable in business management."

It clarifies that the trade duties and conflicts have had a particularly strong impact on automakers, including Ford, Stellantis, Volkswagen and Toyota. They talked about the billions of dollars in costs associated with tariffs. In addition, Ford expects losses of $3 billion by the end of the year.

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On October 17, Trump said that the United States earns billions of dollars through tariffs. According to him, the country's national security is also ensured by trade tariffs.

On October 8, the head of the International Monetary Fund (IMF), Kristalina Georgieva, said that the openness of the global economy had suffered greatly due to US import duties, but there had not yet been a slide into a global trade war. According to her forecasts, global public debt will exceed the volume of the entire global economy in 2029.

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