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flag U.S. tariffs are raising prices on goods and could trigger global inflation, a Harvard study finds.

flag A Harvard study reveals that U.S. tariffs have led to higher prices for both imported and American-made goods, as U.S. products often rely on imported components. flag This has sparked a price surge, contributing to a decline in U.S. manufacturing. flag Meanwhile, global retailers like Birkenstock and Pandora are considering raising prices worldwide to offset tariff costs, potentially causing inflation in markets like the EU and UK. flag Over 50% of U.S. companies plan to increase prices to pass on tariff costs to consumers, as they are unwilling to absorb the expenses themselves.

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