According to a 2025 survey, nearly half of consumers in the United States intended to switch to more affordable alternatives of their favorite brands if prices rose due to Trump's proposed tariffs on international goods. Another 17 percent would stop purchasing the product altogether.

In early April, claiming to boost the country's domestic economy, President Trump made an executive order to implement new, widespread tariffs. In addition to the 10 percent baseline tariff imposed on all U.S. imports, Trump also announced specific tariffs on a number of important trading partners, such as the European Union, China, and Vietnam, which account for over 40 percent of all U.S. imports. According to a survey taken just after the announcement, roughly 20 percent of surveyed Americans were planning to make purchases because they expected prices to increase as a result of the tariffs.

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

According to a 2025 survey, over one-quarter of Americans were planning on making electronics purchases because they expect prices to increase across the country as a result of Trump's proposed tariffs on all imported goods. Of those, 42 percent were between the age of 18 and 24, compared to only 12 percent 55 and older.

This data package includes the underlying data files to replicate the data, tables, and charts presented in Why Trump’s tariff proposals would harm working Americans, PIIE Policy Brief 24-1.

If you use the data, please cite as: Clausing, Kimberly, and Mary E. Lovely. 2024. Why Trump’s tariff proposals would harm working Americans. PIIE Policy Brief 24-1. Washington, DC: Peterson Institute for International Economics.

In the week of May 14, 2025, roughly 44 percent of people in the United States said that they were willing to spend up to five percent more on products. This comes in the wake of trade tariffs that President Trump recently announced.

Chipotle CEO Scott Boatwright reveals the company's plan to absorb costs from Trump's tariffs, avoiding price hikes, with efficient sourcing and innovative operations.

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.

Mercedes-Benz avoids price hikes amid tariffs, focusing on US production and long-term growth despite financial challenges.

Kraft Heinz asks coffee suppliers for a 60-day notice before price hikes, amid tariff concerns impacting trade policies.

As of March 11, 2025, the consumer price index in the United States is projected to increase by **** percent during the year following the country's planned 25 percent tariffs on steel and aluminum imports. Out of all the countries analyzed, the U.S. is projected to be the only one to record a growth in its price index, contributing to the global price index increase.

Gold prices rose on April 9, 2025, amidst tariff tensions and market volatility, highlighting gold's role as a safe-haven asset.

Orange juice futures rise to a three-month high over proposed tariffs on Brazilian goods, potentially impacting trade and prices.

As of March 26, 2025, the consumer price index in the United States is projected to increase by 1.06 percent during the year following the country's new 25 percent tariffs on automotive imports. Out of all the countries analyzed, the U.S. is projected to be the only one to record an increase in the price index.

President Trump's decision to increase tariffs on steel and aluminum imports to 50% has disrupted global markets, affecting prices and trade flows, and raising concerns of further turbulence.

According to a 2025 survey, over one-quarter of Americans were planning on making electronics purchases because they expect prices to increase across the country as a result of Trump's proposed tariffs on all imported goods.

Oil prices rose as President Trump extended the EU trade talks deadline, alleviating tariff concerns and boosting market sentiment.

Iron Ore CNY fell to 785 CNY/T on July 18, 2025, down 1.57% from the previous day. Over the past month, Iron Ore CNY's price has risen 12.22%, but it is still 2.42% lower than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. This dataset includes a chart with historical data for Iron Ore CNY.

U.S. Tariff Impact on the Nano SSD Market

In April 2025, the Trump administration implemented a 10% baseline tariff on most imports, with higher rates applied to specific countries. Semiconductors, essential components in nano SSDs, were initially exempted; however, products containing them, like smartphones and laptops, were not.

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This policy has disrupted global supply chains, leading to increased production costs and potential delays in product availability. Companies are now exploring alternative sourcing options and investing in domestic manufacturing capabilities to mitigate risks associated with tariff-induced uncertainties.

Economic Impact

• Increased Production Costs: Tariffs have raised component prices by up to 25%, impacting profit margins.
• Supply Chain Disruptions: Global supply chains have been affected, leading to delays and increased costs.
• Investment Shifts: Companies are reallocating investments towards domestic manufacturing to mitigate tariff impacts.

Geographical Impact

• North America: Faces significant cost increases due to tariffs on imported components.
• Asia-Pacific: Potential growth as companies look to diversify manufacturing and reduce reliance on tariff-affected regions.
• Europe: Manufacturers may seek alternative markets or adjust supply chains to mitigate tariff impacts.

Business Impact

• Operational Challenges: Higher costs may result in reduced profit margins and operational efficiency.
• Strategic Reassessment: Companies may need to reevaluate sourcing and manufacturing strategies to navigate the new trade landscape.
• Market Entry Barriers: New entrants may face increased costs and regulatory hurdles due to tariffs.

Key Takeaways

• U.S. tariffs have increased production costs in the nano SSD market.
• Trade policy uncertainties are causing investment delays and supply chain disruptions.
• Manufacturers and retailers must adapt strategies to mitigate tariff impacts.

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The North American caprolactam market saw a 10% quarter-on-quarter price increase in Q1 2025, driven primarily by higher benzene costs and firm demand from the automotive and textile sectors. Early in the quarter, prices rose as crude oil futures strengthened and market sentiment improved, raising production costs. Market expectations of rising inflation, driven by potential import tariffs under President Trump’s administration, added upward pressure on pricing. On the supply side, stability improved after the ILA and USMX reached a six-year labour agreement, easing port disruption concerns.