May 23rd, 2025
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Some shops in the U.S. have higher prices now. Other shops say prices may go up later. This is because of new rules about money and things from other countries.
Donald Trump made new taxes for things from other countries. China did the same. Some taxes are not there now, but many taxes are still there for shops.
Companies buy things from other countries. They pay taxes on these things. This makes things cost more for people. Some people say this will bring jobs to the U.S. But things we buy come from many countries. So, taxes can make many things cost more.
Shops and people see this now. Some big shops say prices will go up because of trade problems.
Walmart is a shop. It said on Thursday that prices will go up. This is because things cost more now.
Walmart buys many things in the USA. But some things cost more now. Prices at Walmart went up in April and May. Prices may go up more in June and July when people buy things for school.
John said the prices of many things are going up. For example, bananas are now 54 cents. They were 50 cents. Car seats at Walmart may cost more.
"We want prices low, but we can only do so much," Rainey said.
Mattel makes Barbie dolls and Hot Wheels cars. Mattel said they will sell them for more money because of new rules.
The toy maker makes toys in China. The toys may cost more money.
Mattel said they will make toys in other countries, not only in China. Last year, it was 280 toys. This year, it will be 500 toys. Some toys will be made in many countries.
In May, Microsoft said the Xbox costs more money now. For example, the Xbox Series S is $379 in the U.S. before it was $299. The Xbox Series X is $599 now, before it was $499.
Microsoft said it is hard. This is because of money.
Microsoft said the price of Xbox is changing in Europe, the U.K., and Australia. Other countries will also know more soon. Some new games will cost more money this year, about $80.
Last month, Temu and Shein said prices are up. They said it is because of new rules.
In April, prices went up for some things. This is because of a rule about things from China. Now, the rule is a little better, but things from China still cost more.
Temu stopped sending things from China. Now, it uses shops in the U.S.. Shein says the price has all costs. You pay one price. You do not pay more when it comes.
Stanley has a shop. He makes tools. The tools cost more now. He will ask for more money in summer.
Donald Allan, Jr. said last month: "We are changing our work. We want to make tariffs not a big problem for people. We also want to help our company."
P&G is a big company. P&G makes things like Crest and Tide. P&G says prices may go up for shoppers. This could start in July.
May 23rd, 2025
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