You will pay for Donald Trump's across-the-board tariffs if he's reelected. Here's proof

**Tariff Impacts on Consumer Prices: A Business Perspective**

Many companies have raised concerns over proposed sweeping tariffs, indicating that these added costs would be passed on to consumers. AutoZone's leadership has stated they would preemptively hike prices in anticipation of tariffs, affecting everyday goods. Tariffs act as taxes on imported goods, with costs typically shouldered by American importers and ultimately consumers. In past tariff implementations, American households bore substantial costs.

If reimplemented, significant tariffs could increase household expenses by thousands annually. The idea posited by some is to incentivize US businesses to relocate operations domestically. However, higher labor costs could offset any benefits of such a shift. The CEO of Columbia Sportswear argued that prior high tariffs on apparel have not boosted domestic production. Instead, price hikes are expected to ensure profitability.

While larger corporations might absorb tariffs without immediate price increases, small businesses face tighter financial constraints, likely resulting in higher consumer prices or cost-cutting measures like layoffs.