Americans to pay heavily as Trump’s tariffs bite consumers and companies

Major retailers like Walmart, Mattel, and Best Buy are increasing prices due to tariffs, particularly on goods from China. Electronics and auto manufacturers, including Nintendo, Sony, Ford, and Subaru, anticipate similar hikes. Fast-fashion brands Shein and Temu have already raised prices, and analysts predict consumers will bear a significant portion of tariff costs, impacting household budgets.