While higher tariffs could still be coming after a 90-day-pause, the baseline 10% tariff on all goods, plus higher duties on Chinese products already in effect are a big increase in food costs for American's budgets, said Thomas Gremillion, director of food policy at The Consumer Federation of America.

Canadian retailer Loblaw warned on Wednesday that prices increases will affect more products as U.S. President Donald Trump's tariffs put pressure on supply-chain costs for companies. As companies in categories such as packaged food and consumer goods raise prices,

Sony seems poised to up the price of PS5 hardware as well, not that long after it had already previously raised prices due to Trump's tariffs.