Multiple US Retailers Raise Prices Amid Trump Tariffs Impact

President Donald Trump's tariff policies, including a 10% baseline tariff on most imports and a 30% tariff on Chinese goods, have led to widespread price increases across various U.S. companies. Major retailers such as Walmart and Target have announced or are expected to raise prices to offset higher import costs, with Walmart citing the difficulty of absorbing these tariffs due to narrow retail margins. Toymaker Mattel confirmed plans to increase prices, despite pushback and threats of even higher tariffs from Trump on toys. Nike is also raising prices on a broad range of footwear and apparel, especially on items priced above $100, while trying to shield children's products from increases. Electronics companies like Best Buy and Nintendo have warned of forthcoming price hikes, with some accessories already seeing adjustments due to tariffs. Overall, these tariffs are impacting everyday consumers as companies pass on increased costs in sectors including retail, technology, and automobiles.