Retailers issue 'warning' to Trump that higher prices are coming soon: report
Retailers are likely to raise prices "in the coming weeks" due to President Donald Trump's tariffs, according to a report in The New York Post.
Business editor and Fox correspondent Charles Gasparino wrote Friday, "The retail industry is alerting President Trump that they can’t 'eat' his tariffs forever – and price increases are likely to hit in the coming weeks."
"Whether this gets translated into higher official inflation numbers is anyone’s guess at this point. But for many items enjoyed by Americans who like cheap goods brought in from abroad – a majority of them from China – these things will soon be getting a lot less cheap."...
May 23, 2025



