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News in English (USA) / 25.05.2025 / 07:00

Retailers Brace for Price Increases Amid Trump’s Tariffs

In the wake of new tariffs imposed by the Trump administration, major retailers including Walmart and Target are sending mixed signals about upcoming price hikes. Many companies have indicated that they may be forced to raise prices, citing the impact of tariffs on their profit margins. As consumers gear up for back-to-school shopping, uncertainty looms over price increases across various products. Retail experts warn that while some businesses may attempt to absorb the costs, the cumulative effect of tariffs will likely lead to higher prices at checkout. Analysts are closely monitoring daily impacts on key products, with a record number of businesses expecting to charge more. Amidst these developments, there are concerns that the burden of increased costs will ultimately fall on U.S. consumers.
CNN, "Barrons", USA Today, ABC News, The Hill, STLtoday.com, OregonLive.com, Reuters, WCPO 9 Cincinnati, KXAN Austin