By Colin Kellaher
Ecolab is implementing a 5% trade surcharge on all of its solutions and services in the U.S. to help offset a rise in raw material costs spurred by President Trump's sweeping tariff plans.
Ecolab on Tuesday said that while it is able to absorb the impact of the 10% global baseline tariff, tariffs topping 10%, including the 145% tariff placed on China, are having broader impacts on the cost of some raw materials, packaging and equipment that the St. Paul, Minn., provider of water, hygiene and infection-prevention products can't fully mitigate.
Ecolab said it is currently able to limit the price increase to 5% for its U.S. customers thanks to proactive actions it has taken in its supply chain, adding that it is ready to take market-driven action to adjust the surcharge accordingly.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
April 16, 2025 08:23 ET (12:23 GMT)
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