Companies are already moving to hike their prices as U.S. tariffs bite, a move economists say is likely to drive up inflation.

Texas shoppers might need to brace for more expensive goods as tariffs take effect. A survey of 47 Texas retailers from the Federal Reserve Bank of Dallas found that more than 73 percent of the merchants expect higher tariffs to negatively impact their businesses this year.

There is little evidence that the tariffs implemented by the Trump administration in February and March are feeding through to inflation just yet. The Bureau of Labor Statistics' metric for goods inflation—the index for commodities,

The Trump administration has lowered the tariff on low-value shipments (under $800) from China and Hong Kong from 120% to 54%, as part of a temporary trade

The Trump administration has made moves to ease tariff tensions with China, but the situation remains uncertain in the longterm.

The first batch of car pricing data since new vehicle tariffs went into effect show an increase as a global trade war upends the industry.

Tariffs are already driving up prices on key goods such as electronics, home appliances, furniture, and auto parts, as import costs are passed down to cons

A tariff is a tax on imported goods that's paid by the importing firm to its government. However, those costs often get passed down to consumers, resulting in higher prices for the affected products. Here's Experian 's guide to what you need to know about how tariffs work and how they may affect your wallet.