The idea has a mixed record.

Professor Alex Imas explains the behavioral economics that help us understand why people feel differently about climbing prices brought on by tariffs.

In San Diego, prices rose at 4% during the year ending in July. But in Dallas, inflation was less than 1%.

Although overall inflation has been high since the pandemic hit, some consumer goods and services have stagnated or gone down in price over the last five to six years.

Trump has promised to exempt chip makers that invest in the U.S., but prices will still likely go up on a wide range of electronics.

The June consumer price index will be the latest glimpse into whether tariffs are having an effect on consumer prices.

In recent years, the brand tried to appeal to a mass market and ended up having to heavily discount its shoes. A new CEO is changing that approach.

While some consumer goods have become increasingly out of reach for Americans, deflation wouldn’t be good for the economy either.

Many companies are still working through inventory they stocked before the tariffs hit — but some products are starting to get more expensive.

Companies might respond to Trump's trade policy by reorganizing their supply chains. That could keep prices high well into the future.