Get Ready for Sticker Shock! Tariffs Send Prices Soaring on Everything From Eggs to Toys!

2025-03-04 22:36:21.947

The Trump administration's new tariffs on goods from China, Mexico, and Canada are already causing significant price increases for American consumers. Target is raising prices on fruits and vegetables due to increased costs from Mexican imports, while Best Buy anticipates price hikes on electronics in the coming months due to tariffs on Chinese goods. Gas prices in the Northeast are expected to jump by as much as 40 cents a gallon, and toy prices are also on the rise, with Basic Fun increasing the price of its new Tonka trucks and Stretch Armstrong dolls. Even everyday items are affected; California egg prices have surged to $9 per dozen due to bird flu outbreaks. Many companies, including Mattel and Hasbro, are considering further price increases later in the year.