One in three businesses says they plan to raise prices as Trump's tariffs begin and inflation grows [View all]

Source: The Independent

Tuesday 19 August 2025 23:11 BST


Almost a third of U.S. businesses have said in a survey that they’re likely to raise prices by the end of 2025 as they adjust to increasing costs and inflation, according to a new report.

The online lending marketplace LendingTree issued a report stating that more than 30 percent of businesses included in the company’s survey expect their prices to rise within the next six months. Roughly five percent said their prices would go down, and 65 percent estimated that they would remain the same.

The report comes as uncertainty grows regarding President Donald Trump’s tariff policy and continued tension stemming from inflation.

LendingTree chief consumer finance analyst Matt Schulz stated in a press release that “Tariffs are likely playing a significant role in these concerns, but so is the overall sense of uncertainty that remains in the American economy.” “There are so many unknowns that it’s nearly impossible to predict what the next few weeks will look like, much less six months from now,” he added. “However, this report makes it clear many businesses see continued rising prices ahead.”

Read more: https://www.independent.co.uk/news/world/americas/us-politics/inflation-trump-tariffs-price-b2810606.html