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.

A former Republican political strategist has mocked President Donald Trump, saying he is having his “Marie Antoinette moment” on tariffs. MSNBC‘s The Weeknight hosts spoke Monday night with political strategist Lucy Caldwell,

That was the result of President Donald Trump’s “reciprocal” tariff hikes on China since April 2, which rose as high as 145%, on top of a 25% tariff on certain goods from his first term. Had the shipment arrived a day later,

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.

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.

Federal Reserve officials said on Tuesday that higher prices are coming on the back of rising U.S. import tariffs, with the open question now whether the inflation shock will be fleeting or more persistent.

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.

Uncertainty over the impact of President Donald Trump's tariffs and rising costs are chipping away at homebuilders' willingness to embark on new projects.

St. Louis Fed president Alberto Musalem said that even after President Trump's 90-day trade truce with China, tariffs at their current levels could have a 'significant' impact on the economy in the short term.