DiscoverThe DecibelWhy tariffs haven’t hit consumer prices hard – yet
Why tariffs haven’t hit consumer prices hard – yet

Why tariffs haven’t hit consumer prices hard – yet

Update: 2025-08-21
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When the U.S. first imposed sweeping tariffs on Canada, setting off a trade war, businesses and consumers braced for high inflation. But nearly half a year later, prices for consumer goods have not risen as much as expected. So what happened?

Consumer affairs reporter Mariya Postelnyak talks about why prices haven’t gone up as much as predicted and why that could soon change.

Questions? Comments? Ideas? Email us at thedecibel@globeandmail.com

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Why tariffs haven’t hit consumer prices hard – yet

Why tariffs haven’t hit consumer prices hard – yet

The Globe and Mail