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Trump’s tariffs raise imported goods prices 4% since March, hurting U.S. consumers and businesses.
U.S. consumers and businesses are absorbing rising costs from President Trump’s new tariffs, with imported goods prices up 4% since March—outpacing domestic goods—despite his claim that foreign exporters would bear the burden.
Harvard research shows price hikes in items like coffee and products from targeted nations such as Turkey, while companies including Procter & Gamble and Swatch, and e-commerce platforms like Amazon and Shein, have raised prices.
Foreign exporters have also increased dollar prices, partly due to currency shifts, indicating they are not fully absorbing tariffs.
Import prices rose across major suppliers including China, Germany, Mexico, and India, with Japan the only exception.
The Federal Reserve remains divided on whether this inflationary pressure will persist, with estimates of a 30–75 basis point impact, while global trade faces long-term disruption.
Los aranceles de Trump aumentan los precios de los bienes importados un 4% desde marzo, perjudicando a los consumidores y las empresas estadounidenses.