Consumer goods prices can increase significantly due to tariffs. A study found that higher tariffs lead to higher prices for up to a year. The price increase is not limited to imported goods, as companies that use imported parts and materials may also raise their prices.

Researchers estimated that about one-quarter of the tariff increase is passed on to consumers. The exact impact of tariffs on prices varies, but a general trend has been observed.

Further details on the study's findings are available, including the potential effects of specific tariff rates on consumer goods prices.