These companies said they will increase the prices in response to Trump’s tariffs

This month President Donald Trump beat tariffs for most products that enter the United States. Economists largely expect politics to increase prices for US buyers if importers pass on a share of the tax burden.

A comprehensive tariff of 10%applies to almost all imports, with the exception of half -grabs, pharmaceuticals and some other objects. These taxes are exceeded on specialized tariffs for steel, aluminum and cars. China, the third largest US trade partner, faces cumulative tariffs with a whopping 145%.

Plans for price hikes have already taken shape in a number of companies, from Ferrari manufacturers of the luxury sports car Ferrari.

Here are the companies that have announced price increases based on Trump’s tariffs:

Shein and Temu

A few e-commerce companies, Shein and Temu based in China published identical statements at the beginning of this month in which plans for increasing prices were announced in response to Trump’s tariffs. The companies said that the price increases will come into force on April 25th.

“Due to the recent changes in global trade rules and tariffs, our operating costs have increased,” says the statements. “To continue to offer the products you love without impairing the quality, we will make price adjustments.”

When Trump announced so -called tariff “liberation day” on April 2, he also closed the so -called “de Minimis” gap, which enabled a duty -free import of goods worth less than $ 800. The cost -effective shipping had contributed to recharting bargains online for products in China.

Nintendo

Nintendo, the video game giant based in Japan, announced the starting date of pre -orders for his excited switch 2 on Friday. The price will remain at the level announced on April 2.

However, the bulletin came with a restriction. “Nintendo Switch 2 accessories will experience price adjustments from the adjustments announced on April 2,” said the company.

“Other adjustments to the price of a Nintendo product will continue to be possible in the future,” added Nintendo, who houses a large part of its production in China.

The Trump administration published a tariff exemption for smartphones, computers, TV displays and other electronics from China last week. The list has left video game systems, which means that they are exposed to 145% tariffs for Chinese goods.

Best Buy

Corry Barry, CEO from Best Buy, asked the analysts to expect price increases due to higher tariffs.

“The tariffs at this level will lead to price increases,” Barry said in March when Trump escalated the tariff a month later. “I think it’s very difficult to say because we are just as big as it is.”

Best Buy relies on a global supply chain, added Barry and found that the two best sources of goods from Mexico and China are. Both countries are still targeted by Trump’s tariffs.

Hermes

The French luxury goods manufacturer Hermès plans to increase the prices for US customers on May 1, a company manager said on Thursday with a winning call.

“The price increase that we will implement is only for the United States because it aims to compensate for the tariffs that only apply to the American market. Therefore there will be no price increases in the other regions,” said Eric du Halgouët, Executive Vice President for Hermès finances, analysts.

The price increases, the tariff of 10% issued by Trump at the beginning of Trump at the beginning of this month, “completely compensate for”, the company said.

Trump spent a 90-day break of additional 20% tariffs for goods from the European Union as part of a broader suspension of so-called “mutual tariffs”.

Autozone and Ferrari

Philip Daniele, CEO of Autozone, who heads the Memphis-based auto parts retailer in Memphis, told the analysts in September that the company would respond to tariffs with price increases.

“We will return these tariff costs to the consumer,” said Daniele when calling for a profit.

Autozone did not immediately answer the request from ABC News for comments on the current plans for price increases.

Trump announced 25% car tariffs last month, which apply to both vehicles and auto parts.

Within a few hours after the rollout of politics, Ferrari said it would increase the prices by up to 10% for some models to compensate for the tax burden.