, Columnist
Who’s Going to ‘Eat’ Tariffs? Not US Shoppers
Expect shoppers to give price hikes a frosty reception.
Photographer: David Paul Morris/Bloomberg
We are about to find out who is going to “eat” President Donald Trump’s tariffs. Don’t expect US consumers to be the ones picking up their knives and forks.
While the higher levies have been the subject du jour for months, they are only just filtering through to the checkout. And more hikes will come in the final three months of the year, when holiday shopping gets under way.