{"id":8697,"date":"2025-05-02T20:24:23","date_gmt":"2025-05-03T00:24:23","guid":{"rendered":"https:\/\/sharewatch.com\/wp\/2025\/05\/02\/companies-are-raising-prices-as-tariffs-hit\/"},"modified":"2025-05-02T20:24:23","modified_gmt":"2025-05-03T00:24:23","slug":"companies-are-raising-prices-as-tariffs-hit","status":"publish","type":"post","link":"https:\/\/sharewatch.com\/wp\/2025\/05\/02\/companies-are-raising-prices-as-tariffs-hit\/","title":{"rendered":"Companies Are Raising Prices as Tariffs Hit"},"content":{"rendered":"
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More companies are starting to warn that they will have to pass on higher costs to American consumers, raising prices for products like strollers, mattresses, power tools and cast-iron cookware as President Trump\u2019s tariffs take hold.<\/p>\n

Some company officials said they had been left with no choice but to raise prices as they pay more to import goods and materials into the United States. Other firms have said they will soon run out of inventory for certain products because they have paused orders from China.<\/p>\n

Mr. Trump has upended the global trading system, hitting foreign countries with punishing levies in an attempt to bring manufacturing jobs back to the United States and take aim at what he calls \u201cunfair\u201d trade practices. But economic studies have found that the burden of higher tariffs typically falls on domestic consumers and companies.<\/p>\n

Although Mr. Trump has scaled back some tariffs and paused others as he pursues trade deals with foreign nations, the impacts of his policies are already starting to eat into household budgets and frustrate Americans who have noticed higher prices for their goods.<\/p>\n<\/div>\n<\/aside>\n<\/div>\n

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Some major companies have recently warned about impending price increases.<\/p>\n

Stanley Black & Decker said on Wednesday that it raised prices on its tools and outdoor products last month and will raise them again later this year. The German sportswear company Adidas said this week that steeper tariffs would eventually lead to higher prices for U.S. customers.<\/p>\n

Executives at Procter & Gamble, which makes products like Bounty paper towels and Tide detergent, said last week that the company would most likely increase prices for some products to mitigate the effects of higher tariffs. And officials at Hasbro recently said the toymaker would \u201chave to raise prices,\u201d although it would try to \u201cminimize the burden\u201d on customers.<\/p>\n

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