Beloved Toothpaste Company Delivers Bad News

A major toothpaste and toilet paper company is warning of possible looming price hikes.

According to the Associated Press, Procter & Gamble, which makes Crest toothpaste, Tide detergent, and Charmin toilet paper, issued the warning in a call with reporters.

The company stressed that it was "doing whatever it can to reduce higher costs" due to tariff wars, AP reported.

P&G’s Chief Financial Officer Andre Schulten told reporters that the company will "likely have to pass...