The Trump administration's tariffs are slowly rippling through the economy and starting to push up prices for some products, government data shows.

If saved by the Supreme Court, the tariffs are also expected to shrink the economy and cause inflation to spike.

Amid U.S.-China trade tensions, China, once the top buyer of U.S. soybeans, has halted pre-orders. That’s a loss of 21% of exports, reigniting farmers’ fears of a repeat of the agricultural loss of 2018.

Many American companies have had to shoulder at least some of the costs of tariffs, biting into earnings the same way a corporate tax increase would, analysts say.

Some of my rivals that produce overseas will be less hard-hit.

Many U.S. companies in China expect sales to take a hit this year because of the tariffs imposed by U.S. President Donald Trump and China's retaliatory measures

Four CFR fellows examine the knock-on effects of Trump’s tariff drama on five of the United States’ closest allies—Canada, the European Union, Japan, Australia, and New Zealand.

Goldman Sachs economists said they expect that about 70% of the direct costs of the tariffs will eventually fall on the consumer, and that the total could rise to 100% if including the spillover effects of domestic producers raising their prices (something that has already occurred and is expected to continue — more on that below).

Wealth Enhancement reports that rising tariffs are increasing consumer prices, straining budgets, and impacting investments due to trade tensions.

The company, which is the leading supplier of farm equipment in the United States, is in a worse financial position now than it was a year ago. In its Q3 earnings report, John Deere said its net income was down 26 percent compared to the same time last year. It also saw a 9 percent decline in sales.

A federal appeals court recently struck down a key part of the Trump administration’s sweeping tariff strategy, ruling that the president was too aggressive in his use of emergency powers. If the Supreme Court affirms that decision, many of President Donald Trump’s tariffs could be reversed.