US EditionBig Majority Say Trump’s Tariffs Will Increase Prices
- In 2025, U.S. Consumers and businesses will experience higher prices as a result of tariffs mainly targeting goods brought into the country from China, Canada, and Mexico.
- These tariffs, including a key 145% tariff on Chinese goods, followed policy changes and canceled de minimis exemptions that increased costs for importers like Shein and Temu.
- Major retailers and small businesses disclose that tariffs raised operating expenses, causing price hikes on products from groceries and clothing to cars and electric bikes.
- A May 2025 survey found 75% of U.S. Adults expect tariffs to raise prices, while experts warn lower-income households will suffer most from food and household cost increases.
- The tariff-driven price increases are forcing shoppers to reconsider spending habits, potentially lowering consumption and affecting business viability, especially for small retailers.
13 Articles
13 Articles
Trump's tariffs: A tax on American consumers
President-elect Donald Trump has promised to impose across-the-board tariffs on imported goods from some allies and adversaries, claiming that foreign nations will pay such taxes to the U.S. Treasury. But it's American consumers who would actually be opening their wallets to pay for tariffs. Correspondent David Pogue talks with Dartmouth economics professor Doug Irwin about the unintended consequences from such trade barriers.
Hoosiers notice price increases on fast fashion sites amid Trump's tariffs
INDIANAPOLIS Its a simple as a click of a button.Many Hoosiers resort to using fast-fashion websites like Shein and Temu, which ship many Chinese-made products to the U.S.Shein thats the go to for the summertime," 20-year-old Howard Swain said. He relies on the e-commerce site for the latest trends.Swain says Shein and Temu attract customers because theyre ultra-low-cost.They have shirts on there that range from around $5 to $10," he said. Chine…
Some Companies Are Increasing Prices Over Tariffs, But This One Is Going To Its Lowest Price Ever
Multiple large companies are transferring the cost of tariffs to their customers, raising prices on products ranging from Barbie dolls to cars. Mattel, the U.S. toy company that makes Barbies, said it plans to raise prices due to President Donald Trump’s 145% tariff on China. Some items on Amazon have seen as much as a 25% increase since Trump’s tariffs went into effect. Meanwhile, Shein, an online clothing store, has jacked up prices by as muc…
Minnesota Reformer
Southernminn.comTrump’s tariffs weigh heavy on truckers as overseas shipments sink
Big Blue Box trucker Freddy Lazo steps out of his rig at the truck terminal in New Brighton, Minn. in April 2025. (Photo by Max Nesterak/Minnesota Reformer)Freddy Lazo left a restaurant job for a higher paying one in trucking about two-and-a-half years ago. But the way President Trump’s trade war is going, he’s thinking he might have to go back to waiting tables soon. “It’s really super slow,” Lazo said, looking across the mostly empty trucking …
Trump’s Tariffs Could Cost US Families Nearly $5,000 More in Grocery Bills, Yale’s Economists Warn
A new report from Yale’s Budget Lab estimates that food prices could rise 2.6% in the short term, with fresh produce jumping more than 5% — driven by sweeping new import tariffs.TommL / Getty ImagesTariffs are driving food prices up: A Yale Budget Lab report finds that new U.S. tariffs on imports from countries like China, Mexico, and Canada will raise grocery prices — especially for fresh produce, which could jump more than 5%.Households could …
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