Nearly one in three U.S. businesses said they expected to raise the prices they charged within six months, according to a new LendingTree report.
This reflects a growing willingness among firms to pass higher input and import costs on to consumers, as shoppers already face high inflation, and new tariffs go into effect.
Why It Matters
The LendingTree finding that 30.9 percent of businesses anticipated charging more in the next six months arrives as companies, large and small, are confronting rising supplier costs and new tariffs imposed by President Donald Trump .
Economists and executives warn that these tariffs will push consumer prices higher in the months ahead.
What To Know
Businesses are confronting two related pressures: rising costs for goods and services from supplie