“Because consumers — those that are earning those wages — they’re going to be probably a little bit more reluctant to accept some of those higher prices, if they don’t feel like their pay is increasing more,” she said. That hesitancy to pay higher prices could also keep housing inflation down.

Forget the Grinch — this year, it’s tariffs that could try to steal the Christmas tree. Artificial Christmas trees will cost an estimated 10% to 20% more this season than they did last year because of increased tariff costs, according to several major U.S. importers. And the cost of lights could jump as much as 63% for the same reason.

President Donald Trump’s tariffs have thrown Christmas into chaos, as prices on various decorative essentials look set to soar. Artificial trees are expected to see a price spike of around 10 to 20 percent,

If enacted in full, the tariffs on Italian pasta imports would be among the highest imposed by the Trump administration so far.

The Commerce Department’s new antidumping duties could double the cost of imported Italian pasta—hurting consumers more than producers.

Competition, whether from overseas rivals or second-hand goods, has kept the price of furniture relatively low. New tariffs may boost U.S. makers — and raise prices.

While the Supreme Court decides whether President Donald Trump had the authority to implement wide-ranging tariffs, some, like the 50% aluminum tariff, will remain.