According to a survey taken in July 2025, roughly 27percent of surveyed Americans were planning to make purchases because they expected prices to increase as a result of the tariffs.

Prices were expected to change for all agri-food products in the United States due tariffs imposed on China, Mexico, and Canada in 2025. Imported products were expected to suffer the greatest price increases, but domestic products would see prices rise too, mostly due to the fact that stages of the production process might involve raw materials from other countries. Among the domestic agri-food products processed, rice would see the highest price increase, with 4.8 percent, while among imported products wheat would see the highest increase at 14.9 percent.

Audi is weighing the possibility of raising prices as a response to U.S. import tariffs, with a focus on localizing production within North America to alleviate costs.

Procter & Gamble may hike prices amid potential Trump tariffs, with strategies focusing on cost-cutting and supply chain flexibility to address import vulnerabilities.

Tariffs have long been central tool in global trade policy. Learn how tariffs affect critical US industries, and how businesses are navigating their impacts.

Paramount Coffee Company is increasing prices as U.S. tariffs on imported coffee beans strain the Midwest coffee market.

US Tariff Impact on Market

The imposition of US tariffs could have a significant impact on the global quantum sensors market, particularly for the oil and gas and atomic clock segments, which rely heavily on precision components sourced globally. Tariffs on key materials such as semiconductors, optical components, and specialized metals could lead to a 4-6% increase in production costs.

This rise in costs could ultimately be passed on to consumers, slowing adoption rates, particularly in price-sensitive sectors like oil and gas. Additionally, companies that rely on global supply chains for manufacturing quantum sensors may experience delays in component availability, impacting overall production timelines.

While some businesses may seek to reduce the impact by sourcing materials locally or from non-tariffed regions, the overall price increase may delay widespread commercial deployment, especially in the energy and telecommunications sectors. Despite this, the market’s long-term potential remains strong, as the benefits of quantum sensors continue to drive demand.

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Economic Impact

• Increased production costs by 4-6% due to higher tariffs on precision components.
• Higher costs may slow adoption in price-sensitive sectors like oil and gas.
• Production delays could hinder the market's overall growth.

Geographical Impact

• North America could experience slower adoption due to tariff-induced cost hikes.
• Global supply chains may be disrupted, particularly in Asia, affecting sensor availability.
• Regions relying on international imports for sensor components will face delays and higher prices.

Business Impact

• Increased costs could lead to higher product prices, limiting market penetration.
• Companies may need to adjust pricing models or invest in local manufacturing to mitigate tariff effects.
• Smaller companies might struggle with tariff-induced cost increases, affecting their market competitiveness.

US Tariff Impact Percentage for Impacted Sector

The atomic clock and oil and gas segments, accounting for 38.2% and 28.5% of the market share, respectively, could face a 4-6% increase in production costs due to tariffs on imported components, leading to higher product prices across these key sectors.

US Tariff Impact on Market

US tariffs could significantly impact the global industrial sensors market, particularly on components such as pressure sensors, contact sensors, and semiconductor materials. With over 23.1% of the market share held by pressure sensors, any increase in production costs due to tariffs on imported components could raise prices by 3-5%.

This could make industrial sensors more expensive for end-users, particularly in manufacturing, where cost efficiency is crucial. Additionally, supply chain disruptions could delay the availability of key components, impacting production timelines. The contact segment, which dominates the market with 68.5% share, may face similar challenges due to increased costs on essential raw materials.

While established companies may have the capacity to absorb some of these costs, smaller businesses may find it more difficult to remain competitive. Despite these challenges, the market’s long-term growth remains positive, driven by rising demand for automation, industrial IoT, and increasing investments in smart manufacturing systems.

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Economic Impact

• US tariffs could increase production costs by 3-5%, slowing market adoption.
• Higher costs may lead to higher product prices, affecting affordability in cost-sensitive industries.
• Disrupted supply chains may delay the availability of critical components.

Geographical Impact

• North America may experience slower market growth due to higher tariffs on imported components.
• Asia-Pacific, being a key supplier of sensor components, may face production delays.
• Regions with high industrial demand may explore domestic production to mitigate tariff-related disruptions.

Business Impact

• Increased costs may impact profit margins, especially for manufacturers of pressure and contact sensors.
• Companies may need to adjust pricing models or absorb costs to remain competitive.
• Smaller firms may struggle with tariff-induced price hikes, reducing their market share.

US Tariff Impact Percentage for Impacted Sector

The pressure sensor segment (23.1% market share) and contact sensor segment (68.5% market share) could experience a 3-5% increase in production costs due to tariffs on imported components and raw materials, leading to higher prices for industrial sensors.

Conagra Brands, facing tariff-induced cost pressures on ingredients, may raise prices to protect margins, while exploring productivity improvements and alternative supply sources.

According to a recent survey conducted among furniture retailers, suppliers, and manufacturers, almost 40 percent of them would wait with increasing the prices of goods sold. However, approximately 30 percent of the respondents would raise prices immediately, as a response to the increased tariffs as of April 2025.

US Tariff Impact on Market

U.S. tariffs on imports, especially in the fashion sector, have had a notable impact on the fashion e-commerce market. Tariffs on apparel and accessories, particularly those from China, have increased production costs for many U.S.-based e-commerce retailers.

As a result, the prices of fashion items sold online have risen, which may slow down consumer spending in the short term. U.S. companies relying on international suppliers for manufacturing are feeling the strain, pushing some to seek alternative, tariff-free regions for sourcing.

However, the impact may drive some companies to increase domestic manufacturing, creating local production opportunities. Over the long term, despite tariff-induced cost increases, the demand for fashion e-commerce is expected to remain robust due to the convenience and broad appeal of online shopping.

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• Economic Impact: Increased tariffs raise costs for U.S. fashion e-commerce companies, potentially leading to higher prices for consumers and affecting sales.
• Geographical Impact: U.S. fashion retailers are facing higher prices for imported apparel and accessories from China, pushing them to explore other sourcing options.
• Business Impact: Tariffs increase operational costs for fashion e-commerce businesses, leading to potential price hikes and margin pressures, slowing growth in price-sensitive segments.

Impact Percentage on Sectors

• Apparel and Clothing: +7-9%
• Accessories: +5-7%

US Tariff Impact on Market

The U.S. drone market is affected by tariffs imposed on Chinese imports, which have led to higher costs for drones and drone components. In particular, the tariffs on multi-rotor drone parts, which dominate the market, have increased production costs for U.S.-based manufacturers.

As a result, drone prices have risen, making them less affordable for consumers. In response, U.S. companies have started to source parts from alternative regions or explore local manufacturing to reduce tariff-related costs. These shifts in the supply chain have sparked innovations, such as the development of cost-effective alternatives to high-priced Chinese components.

While the tariffs have led to short-term price increases, they have also prompted greater investment in the domestic drone industry, stimulating local production and technological advancements. However, the tariff impact on the consumer drone market is felt mostly in segments reliant on imported components, like multi-rotor drones used for hobbyist purposes.

Tariff Impact Percentage for Sector

The U.S. tariff on drone parts has impacted approximately 20-25% of the consumer drone market, particularly affecting multi-rotor drones and other products that rely on Chinese-manufactured components.

US Tariff Impact Data

• Tariff Effect on Drone Prices: The U.S. imposes tariffs on Chinese drone components, raising prices.
• Supply Chain Adjustments: U.S. companies are adapting to tariff impacts by sourcing locally.
• Cost Pressure on Drone Manufacturers: Drone manufacturers face increased costs due to tariffs on Chinese imports.

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Economic Impact

• U.S. tariffs have raised the price of consumer drones, making them less affordable.
• Increased production costs have forced companies to either absorb the costs or pass them onto consumers.
• Companies are investing in local manufacturing to mitigate the impact of tariffs.

Geographical Impact

• North America and Europe are experiencing higher retail prices due to the U.S. tariffs on Chinese imports.
• Asia Pacific faces minimal tariff impact, but may still experience supply chain disruptions due to global trade policies.
• U.S. companies are shifting their supply chains to non-tariffed regions, impacting global market dynamics.

Business Impact

• U.S. b...

US Tariff Impact on Market

US tariffs on imported RFID hardware and components could affect the overall cost structure for data centers, potentially raising the price of RFID systems. This could slow down adoption rates, especially for smaller data centers that are highly cost-sensitive.

In the short term, RFID technology providers may face supply chain disruptions, leading to delays in product availability. Additionally, tariffs on passive RFID components could particularly impact the hardware segment, which holds over 71% of the market share.

While the long-term impact of these tariffs remains uncertain, the growth trajectory of the RFID market in US data centers is expected to continue, as the benefits of asset tracking and management in improving operational efficiency outweigh the challenges posed by tariffs.

US Tariff Impact on Sectors

• Hardware: 4%-6%
• Passive RFID: 5%-7%
• Asset Tracking and Management: 3%-5%

Economic Impact

Tariffs could increase the cost of importing RFID hardware components, driving up the price of RFID systems in US data centers. This may lead to a reduced demand, particularly from smaller data centers that are more price-sensitive. The overall adoption of RFID technology may slow down temporarily.

Geographical Impact

North America, the leading market for RFID in data centers, will face a greater tariff burden due to the high import dependence for hardware components. This could delay the adoption of RFID systems in the region, although demand for asset tracking and management will likely drive growth in the long run.

Business Impact

Businesses operating in the US data center RFID market could face higher costs due to tariffs on imported components. This might lead to increased product prices and potentially lower profit margins. Manufacturers and service providers will need to adjust their strategies to mitigate cost increases, possibly by seeking local sourcing options.

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INEOS Automotive raises vehicle prices due to a 25% import tariff, with increases lower than the tariff rate to minimize consumer impact.

Discover the impact of new tariffs on Vietnamese coffee imports and how they are expected to drive up US coffee prices, affecting robusta coffee supplies.

US Tariff Impact on Market

US tariffs on semiconductor components used in data center chips could impact the overall cost of production. As the demand for GPUs and other advanced chips used in data centers grows, tariffs on components such as processors, memory units, and storage chips could raise production costs.

This price increase may be passed onto end consumers, particularly large data centers, which account for 64.1% of the market. Given the growing importance of data processing in sectors like BFSI (which accounts for 23.0% of the market), these tariffs could slow down investments in upgrading existing infrastructure.

While the North American market currently leads, the rising costs could lead to increased competition from global manufacturers, reducing the market share in the U.S. However, as demand for high-performance computing continues, these short-term challenges may be offset by long-term growth driven by the increasing reliance on cloud services and data-intensive applications.

US Tariff Impact on Sectors

• GPU Chips: 4%-6%
• Data Center Chips (General): 5%-7%
• Semiconductor Components: 3%-5%

Economic Impact

Tariffs on semiconductor components could increase production costs for data center chips, raising prices across sectors, particularly in large data centers. This would impact enterprises relying on large-scale data storage and processing, particularly in high-demand sectors like BFSI, potentially slowing the pace of infrastructure upgrades and investments.

Geographical Impact

North America, which currently leads the market with 38.4% share, may face slowed growth due to higher prices caused by tariffs on imported components. The U.S. could experience reduced competitiveness in the global market, as manufacturers in other regions with fewer tariffs could offer more affordable alternatives.

Business Impact

Businesses in the data center chip sector may face lower profit margins due to increased production costs from tariffs. Companies might be forced to pass the increased costs onto customers, which could affect demand, particularly among smaller enterprises or those in price-sensitive industries, potentially slowing market growth.

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Starbucks is considering raising prices on beverages like pumpkin spice lattes due to a 50% tariff on Brazilian coffee imports, which is affecting the company's costs and financial performance.

US Tariff Impact on Market

US tariffs on imported components used in data center physical security solutions could have a significant impact on the overall market. With the solution segment dominating the market, the increased cost of critical components such as surveillance cameras, biometric scanners, and access control systems may raise the price of these security solutions.

This could lead to higher costs for data centers, particularly large data centers, which account for 43.5% of the market share. Furthermore, the IT and telecommunications sector, a significant user of data center security solutions, could experience delays and cost increases due to tariff-related disruptions.

Although these tariffs might cause short-term price hikes, the long-term growth in demand for physical security in data centers is likely to continue as security concerns grow alongside the increasing data volumes handled by large centers.

US Tariff Impact on Sectors

• Surveillance Solutions: 4%-6%
• Access Control Systems: 5%-7%
• Biometric Systems: 3%-5%

Economic Impact

Tariffs could raise the cost of components critical for data center physical security solutions, including cameras and biometric systems. This price increase may affect both suppliers and consumers, especially in large data centers, leading to higher capital and operational costs for data storage and management facilities.

Geographical Impact

North America, being the dominant market for data center physical security, will be significantly impacted by tariffs on imported security components. These tariffs could slow down the growth of data center infrastructure, particularly in the U.S., where advanced technology and high-security measures are crucial for maintaining data integrity.

Business Impact

Businesses in the data center physical security market could face reduced profit margins as increased tariffs on imported components lead to higher costs. Smaller companies may struggle to absorb these costs, which could impact competition. Larger players may pass on the cost increases to customers, affecting overall adoption.

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Sony has raised the price of all PlayStation 5 models in the U.S. by $50, citing increased import tariffs and logistics costs, impacting the gaming market's outlook.

Likelihood of businesses or organizations to pass on cost increases due to tariffs to their customers over the next 12 months, by North American Industry Classification System (NAICS), business employment size, type of business, business activity and majority ownership, third quarter of 2025.