* **Trump’s Tariff Warning Fails: Prices Rise as Businesses Can’t “Eat” Costs**
Wholesale prices have recently risen at the fastest pace in three years, signaling that retailers are beginning to pass on the costs of tariffs to consumers. Companies like Sony and Fujifilm are already raising prices on products, explicitly or implicitly attributing the increases to import taxes. Additionally, supply chain issues, weather, and labor shortages in farming, partially stemming from immigration crackdowns, are further contributing to rising costs for consumers. While businesses initially absorbed much of the tariff burden, consumers can expect to bear a greater share in the coming months, though some relief may come in the form of lower prices for some fast food meals.
John Q. Hosedrinker