BS1000, did you read this article yet?
"American consumers are facing a new wave of pricing pressure as companies from food giants to hardware chains warn that tariffs are already making their way onto store shelves.
Retailers like Walmart (WMT), Target (TGT), and Best Buy (BBY) have all said in recent weeks that some tariff-related increases are starting to creep into the cost of groceries, home goods, and electronics.
Just this week, packaged food giant J.M. Smucker (SJM), home to such brands as Folgers, Dunkin', and Café Bustelo, warned of more price hikes after US coffee profits plunged 22% under tariffs.
You have the higher income spenders that are really keeping the economy going, and then the lower income spenders that are getting squeezed because they are feeling the impact of tariffs of inflation." Since you have no use for lower income people, no big deal. Right?
https://www.yahoo.com/finance/news/we-havent-seen-the-worst-of-it-retailers-warn-tariff-impacts-are-far-from-over-144106268.html
