Manufacturers and service-sector companies alike are pondering increased costs due to President Trump's tariffs and how it will impact their ability to make money.

Former Vice President Mike Pence struck a blow at his former boss over the impact of his tariffs. “The president always says that countries that sell into America have to pay,” Pence said, referring to Trump’s pledge that exporting countries—not consumers—will shoulder the cost of his tariffs.

President Trump and British Prime Minister Keir Starmer announced a new trade agreement. Other countries, including China, remain open to negotiating with the U.S., but some of the tariffs are having real impacts on American businesses and their supply chains.

Some have rushed to take advantage of the rollback by frontloading and stockpiling shipments. Container bookings for China to U.S. routes soared nearly 300% in the days after the truce was announced, particularly as businesses anticipate end-of-year holiday shopping demand.

In fact, according to the FDA, more than 200 countries and territories supply approximately 32% of the fresh vegetables and 55% of the fresh fruit that we consume in the U.S. "So if these categories are subject to tariffs, consumers can expect prices to go up – and relatively quickly as these things are perishable," McGrath says.

While many consumers are feeling the impact of the tariffs put in place by the Trump administration several weeks ago, those who deliver the goods say they're seeing effects as well.

Fareed Zakaria asks Bill Gates how damaging he thinks Trump’s tariffs are. Hear his response . 01:43 . Now playing

Thanks to Trump's tariffs, prices for guitars and other instruments are about to go up. That's bad news for beginners and experienced musicians.

Major car brands have been left scrambling in recent days in response to President Donald Trump's automotive tariffs, forcing them to hike costs. Subaru of America announced it would be hiking prices of several of its most popular models and putting the impact of the tariffs on its customers.

Treasury Secretary Scott Bessent said retail giant Walmart "will be absorbing" the impact of President Donald Trump's signature tariffs, but some costs "may get passed on to consumers." Bessent told CNN's "State of the Union" May 18 that he spoke with Walmart CEO Doug McMillon the day before,