But for many foreign companies, the slide in the US dollar has incentivized them to raise their invoice prices to compensate, according to Wells Fargo. And Deutsche Bank’s Saravelos said the pressure on US firms so far to bear tariff costs is another headwind for the greenback, which is already on its worst start to a year since the 1970s.

President Donald Trump’s 25% tariffs on imported vehicles and parts have sent shockwaves through the U.S. auto industry.

Automakers might increase prices moving forward, according to a report from the intelligence firm AlixPartners.

Prices have gone up incredibly,” said one cafe manager. “We have to decide how much of that we want to absorb or pass on. It’s a tricky balance.”

Many U.S. companies, including GM, Walmart, and Home Depot, are currently absorbing tariff costs, sacrificing profits to shield consumers from price hikes.

Business owners are paring back product offerings and trying to keep up with shifting deadlines and tax rates on imported goods.

Consumers blame companies for exploiting the disruption caused by tariffs. They believe companies are raising prices and reducing quality to boost profits.

The tariff-driven inflation that economists feared begins to emerge after President Donald Trump's sweeping moves.

US inflation heated back up in June, rising to its highest level in four months, as price increases — including those from tariffs — packed a bigger punch.

The June inflation bump probably takes a July Federal Reserve interest-rate cut off the table.

President Donald Trump has implemented unprecedented tariffs on global imports into the United States, triggering fears of a recession and of increased prices for consumers.. While the Trump ...

A new report found inflation on the rise in June, another indicator of the affect Donald Trump's tariffs are having on the US economy.