Overview

• Walmart, Mattel, and Subaru are among the companies raising prices, citing increased costs from Trump's tariffs on imported goods.
• Procter & Gamble and Adidas have warned that everyday items like diapers, detergents, and shoes will see price hikes due to tariff-driven inflation.
• The Trump administration maintains that tariffs do not burden consumers, but retailers report they cannot absorb the additional costs.
• The elimination of the 'de minimis' rule exemption has led to price increases at retailers like Shein and Temu for lower-cost imported goods.
• Tariffs on a wide range of products, including groceries, clothing, toys, and automobiles, are expected to further strain household budgets in the coming months.