Companies Ramp Up Currency Hedging as Trump Tariffs Spark Losses

Tariffs and a sliding US dollar are driving companies to ramp up currency hedging after absorbing multi-million-dollar hits in the fourth quarter, a sign that trade wars are squeezing profits...

By Miles J. Herszenhorn, Carter Johnson · Bloomberg Markets

Tariffs and a sliding US dollar are driving companies to ramp up currency hedging after absorbing multi-million-dollar hits in the fourth quarter, a sign that trade wars are squeezing profits and reshaping corporate risk strategy, according to a MillTech survey.