They aren’t just worried about upsetting their customers. Many face a number of other obstacles to raising prices, even as their costs have increased this year.
Tax credits that helped more than 20 million people afford health insurance are set to expire this year — and small business owners and the self-employed stand to be among the hardest hit.
Several factors blunting the impact of tariffs could make it harder to notice the import taxes’ impact on inflation, even though they will likely cause the economy to slow.