The article discusses the impact of new tariffs imposed by the trump administration on consumer prices in the U.S., indicating that the rising costs of goods, particularly in the automotive and food sectors, are expected to significantly affect American households already strained by inflation.

Announced sweeping tariffs on goods from Canada, Mexico, and China.

Owner of Street Volkswagen in Texas, commenting on the impact of tariffs on car prices.

Commerce Secretary mentioning the possibility of rolling back tariffs.

Chief U.S. economist at Oxford Economics discussing consumer sentiment and tariff impact.

Target CEO discussing the immediate effects of tariffs on food prices.