Why tariffs haven’t hit consumer prices hard – yet episode artwork

EPISODE · Aug 21, 2025 · 15 MIN

Why tariffs haven’t hit consumer prices hard – yet

from The Decibel · host The Globe and Mail

When the U.S. first imposed sweeping tariffs on Canada, setting off a trade war, businesses and consumers braced for high inflation. But nearly half a year later, prices for consumer goods have not risen as much as expected. So what happened?Consumer affairs reporter Mariya Postelnyak talks about why prices haven’t gone up as much as predicted and why that could soon change.Questions? Comments? Ideas? Email us at [email protected] Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

When the U.S. first imposed sweeping tariffs on Canada, setting off a trade war, businesses and consumers braced for high inflation. But nearly half a year later, prices for consumer goods have not risen as much as expected. So what happened? Consumer affairs reporter Mariya Postelnyak talks about why prices haven’t gone up as much as predicted and why that could soon change.

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Why tariffs haven’t hit consumer prices hard – yet

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This episode was published on August 21, 2025.

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When the U.S. first imposed sweeping tariffs on Canada, setting off a trade war, businesses and consumers braced for high inflation. But nearly half a year later, prices for consumer goods have not risen as much as expected. So what...

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